SMC (SMCAY) Expected to Announce Quarterly Earnings on Friday

Key Points

• SMC (OTCMKTS:SMCAY) is expected to announce its earnings before the market opens on August 8th, with analysts predicting $0.22 earnings per share and $202.86 billion in revenue.
• In its last quarterly report on May 14th, SMC exceeded expectations with an earnings per share of $0.19 and revenues of $1.32 billion, significantly surpassing the consensus estimate.
• SMC's stock is currently down 1.7%, trading at $17.46, with a market cap of $22.30 billion and a P/E ratio of 21.83.

SMC (OTCMKTS:SMCAY - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Friday, August 8th. Analysts expect SMC to post earnings of $0.22 per share and revenue of $202.86 billion for the quarter.

SMC (OTCMKTS:SMCAY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. SMC had a net margin of 19.69% and a return on equity of 8.01%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $200.60 billion. On average, analysts expect SMC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SMC Price Performance

SMC stock traded down $0.06 during mid-day trading on Friday, reaching $17.40. 336,211 shares of the company traded hands, compared to its average volume of 324,007. SMC has a fifty-two week low of $14.30 and a fifty-two week high of $24.10. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 2.81 and a beta of 1.00. The firm's fifty day moving average is $17.90 and its two-hundred day moving average is $17.88.

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.