SMC (OTCMKTS:SMCAY) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Key Points

• SMC Corporation reported an earnings per share (EPS) of $0.19 for the quarter, which missed analysts' estimates of $0.22 by $0.03.
• The company has a market capitalization of $22.46 billion and shows a return on equity of 8.01% with a net margin of 19.69%.
• SMC's stock opened at $17.58 and has fluctuated between a one-year low of $14.30 and a high of $24.10.

SMC (OTCMKTS:SMCAY - Get Free Report) released its quarterly earnings data on Friday. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.03), Zacks reports. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $202.86 billion. SMC had a return on equity of 7.38% and a net margin of 18.00%.

SMC Trading Up 0.3%

Shares of OTCMKTS:SMCAY traded up $0.05 during mid-day trading on Tuesday, reaching $16.94. The stock had a trading volume of 137,710 shares, compared to its average volume of 507,919. The company has a market cap of $21.64 billion, a P/E ratio of 22.59, a price-to-earnings-growth ratio of 2.72 and a beta of 1.00. SMC has a 1 year low of $14.30 and a 1 year high of $24.10. The business's 50 day moving average price is $17.73 and its 200 day moving average price is $17.81.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.