Subaru (OTCMKTS:FUJHY) Posts Quarterly Earnings Results, Beats Expectations 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) announced its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.06, Zacks reports. Subaru had a net margin of 6.40% and a return on equity of 11.62%. The business had revenue of $8.23 billion for the quarter, compared to analyst estimates of $7.32 billion.

Subaru Stock Down 2.2%

OTCMKTS FUJHY traded down $0.23 during trading hours on Thursday, hitting $9.90. The company's stock had a trading volume of 35,717 shares, compared to its average volume of 165,612. The stock has a fifty day moving average of $9.01 and a 200 day moving average of $9.03. The firm has a market capitalization of $14.51 billion, a P/E ratio of 7.02 and a beta of 0.42. Subaru has a twelve month low of $7.32 and a twelve month high of $10.63.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Subaru from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th.

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.