SMC (SMCAY) Expected to Announce 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 released its earnings results on Wednesday, May 14th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.14 by $0.05. SMC had a return on equity of 8.01% and a net margin of 19.69%. The business had revenue of $1.32 billion during the quarter, compared to analysts' expectations 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 Trading Up 2.0%

OTCMKTS SMCAY traded up $0.35 during trading hours on Monday, hitting $17.75. 264,835 shares of the company's stock were exchanged, compared to its average volume of 516,708. The stock has a 50-day simple moving average of $17.90 and a 200 day simple moving average of $17.87. SMC has a 1-year low of $14.30 and a 1-year high of $24.10. The firm has a market cap of $22.67 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.80 and a beta of 1.00.

SMC Company Profile

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.