Toray Industries (OTCMKTS:TRYIY) Announces Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Key Points

• Toray Industries reported earnings of $0.15 per share for the quarter, with a net margin of 3.04% and a return on equity of 4.26%.
• The company's stock opened at $14.31, showing a market cap of $11.46 billion and PE ratio of 22.36, with a fifty-two week range of $9.66 to $14.80.
• Analysts have mixed views, with Nomura Securities upgrading to a "hold" rating, while UBS Group downgraded from "strong-buy" to "hold."

Toray Industries (OTCMKTS:TRYIY - Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.09), Zacks reports. The firm had revenue of $4.03 billion during the quarter, compared to analysts' expectations of $4.41 billion. Toray Industries had a net margin of 3.04% and a return on equity of 4.26%. Toray Industries updated its FY 2025 guidance to 0.740-0.740 EPS.

Toray Industries Trading Down 10.7%

Shares of OTCMKTS TRYIY traded down $1.53 during trading on Friday, hitting $12.78. 15,755 shares of the company were exchanged, compared to its average volume of 12,978. Toray Industries has a 12-month low of $9.66 and a 12-month high of $14.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.10 and a current ratio of 1.70. The company has a fifty day moving average price of $13.57 and a 200-day moving average price of $13.43. The firm has a market capitalization of $10.24 billion, a PE ratio of 22.03 and a beta of 0.60.

Analyst Upgrades and Downgrades

TRYIY has been the topic of a number of research reports. UBS Group lowered Toray Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 17th. Nomura Securities upgraded Toray Industries to a "hold" rating in a report on Friday, June 6th.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.