Subaru (OTCMKTS:FUJHY) Announces Earnings Results, Beats Estimates By $0.06 EPS

Key Points

• Subaru reported earnings of $0.26 per share, surpassing analysts' expectations by $0.06, and achieved a revenue of $8.23 billion against a consensus estimate of $7.32 billion.
• The company's stock rose by 3.6% following the earnings announcement, with a current market cap of $15.06 billion.
• Analysts have shown mixed sentiment, with Goldman Sachs upgrading Subaru to a "buy" rating while Sanford C. Bernstein has given it a "strong sell" rating.

Subaru (OTCMKTS:FUJHY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06, Zacks reports. The company had revenue of $8.23 billion for the quarter, compared to the consensus estimate of $7.32 billion. Subaru had a return on equity of 11.62% and a net margin of 6.40%.

Subaru Stock Up 3.6%

FUJHY stock opened at $10.28 on Friday. Subaru has a twelve month low of $7.32 and a twelve month high of $10.29. The company has a market cap of $15.06 billion, a P/E ratio of 7.29 and a beta of 0.42. The business's fifty day moving average is $8.91 and its 200-day moving average is $8.99.

Analyst Upgrades and Downgrades

FUJHY has been the topic of a number of research reports. The Goldman Sachs Group raised shares of Subaru from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Sanford C. Bernstein upgraded shares of Subaru to a "strong sell" rating in a research report on Monday, April 14th.

Subaru Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.

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