TDK (OTCMKTS:TTDKY) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• TDK reported earnings of $0.15 per share for the quarter, surpassing analysts' expectations of $0.14.
• The company achieved revenue of $3.62 billion, significantly lower than the consensus estimate of $529.65 billion.
• TDK's current market cap is $25.27 billion with a P/E ratio of 25.00 and a P/E/G ratio of 1.49.

TDK (OTCMKTS:TTDKY - Get Free Report) released its quarterly earnings results on Friday. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01, Zacks reports. TDK had a return on equity of 8.31% and a net margin of 6.73%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $529.65 billion.

TDK Price Performance

Shares of TDK stock traded down $0.03 during trading on Tuesday, hitting $12.27. 14,271 shares of the stock traded hands, compared to its average volume of 187,131. The company has a quick ratio of 1.30, a current ratio of 1.67 and a debt-to-equity ratio of 0.19. The stock has a market cap of $23.86 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 1.49 and a beta of 0.67. The firm's fifty day moving average is $11.26 and its 200-day moving average is $10.92. TDK has a 52 week low of $8.10 and a 52 week high of $14.12.

About TDK

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.