TDK (TTDKY) to Announce Quarterly Earnings on Friday

Key Points

• TDK is scheduled to report quarterly earnings on Friday, July 31, with analysts expecting $0.16 per share on $3.97 billion in revenue.
• In its previous quarter, TDK posted $0.05 EPS, missing estimates, while revenue of $4.05 billion came in ahead of expectations.
• The stock was down 2.5% and recently saw a rating change from Zacks Research, which upgraded TDK from strong sell to hold.

TDK (OTCMKTS:TTDKY - Get Free Report) is expected to post its resultson Friday, July 31st. Analysts expect TDK to announce earnings of $0.16 per share and revenue of $3.9722 billion for the quarter. TDK has set its FY 2027 guidance at 0.760-0.760 EPS.

TDK (OTCMKTS:TTDKY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.05). The firm had revenue of $4.05 billion for the quarter, compared to analysts' expectations of $3.83 billion. TDK had a net margin of 7.87% and a return on equity of 10.01%. On average, analysts expect TDK to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TDK Stock Down 2.5%

TDK stock opened at $18.60 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.53 and a debt-to-equity ratio of 0.16. The firm has a market cap of $36.16 billion, a P/E ratio of 26.96, a P/E/G ratio of 1.40 and a beta of 1.28. The business has a fifty day moving average of $22.06 and a two-hundred day moving average of $17.22. TDK has a twelve month low of $11.69 and a twelve month high of $26.73.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of TDK from a "strong sell" rating to a "hold" rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy".

TDK Company Profile

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK's product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.

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