TDK (OTCMKTS:TTDKY) Issues 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) issued its quarterly earnings results on Friday. The technology company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.01, Zacks reports. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $529.65 billion. TDK had a return on equity of 8.31% and a net margin of 6.73%.

TDK Price Performance

TTDKY stock traded up $0.44 during trading on Thursday, reaching $12.79. The company's stock had a trading volume of 22,637 shares, compared to its average volume of 185,442. The company has a quick ratio of 1.30, a current ratio of 1.67 and a debt-to-equity ratio of 0.19. TDK has a 1 year low of $8.10 and a 1 year high of $14.12. The company's fifty day moving average is $11.31 and its 200-day moving average is $10.94. The company has a market capitalization of $24.86 billion, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 1.47 and a beta of 0.67.

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.