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SoftBank Group (OTCMKTS:SFTBY) Announces Earnings Results

SoftBank Group logo with Computer and Technology background

Key Points

  • SoftBank Group reported an earnings per share (EPS) of $1.02 for the quarter, significantly surpassing expectations of $0.28 by $0.74.
  • The company generated $12.35 billion in revenue, exceeding analysts' forecasts of $12.24 billion with a net margin of 16.35%.
  • SoftBank Group’s stock has seen a price increase, trading at $47.15 recently, with a market capitalization of approximately $138.62 billion.
  • Looking to Export and Analyze SoftBank Group Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) announced its earnings results on Thursday. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.28 by $0.74, Zacks reports. SoftBank Group had a return on equity of 8.52% and a net margin of 16.35%. The company had revenue of $12.35 billion for the quarter, compared to analysts' expectations of $12.24 billion.

SoftBank Group Price Performance

OTCMKTS:SFTBY traded up $3.80 during mid-day trading on Friday, reaching $47.15. 898,141 shares of the company were exchanged, compared to its average volume of 722,604. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.89. The stock has a market cap of $138.62 billion, a PE ratio of 17.93 and a beta of 1.20. SoftBank Group has a 12 month low of $19.86 and a 12 month high of $47.40. The company has a fifty day moving average of $34.20 and a 200 day moving average of $29.64.

SoftBank Group Company Profile

(Get Free Report)

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.

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Earnings History for SoftBank Group (OTCMKTS:SFTBY)

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