Trend Micro (TMICY) Projected to Post Quarterly Earnings on Thursday

Key Points

• Trend Micro is expected to report quarterly results on Thursday, May 14, with analysts projecting EPS of $0.5380 and revenue of $455.873 million.
• In the prior quarter the company beat estimates, reporting EPS of $0.37 vs. a consensus of $0.32 and revenue of $476.13 million, while posting a return on equity of 28.76% and a net margin of 12.51%.
• Shares opened at $34.58, trading near a 50-day average of $34.08 and well below the 200-day average of $40.87, with a market cap of $4.52 billion, a P/E of 19.76, and a 52-week range of $31.09–$79.99.

Trend Micro (OTCMKTS:TMICY - Get Free Report) will likely be issuing its resultson Thursday, May 14th. Analysts expect the company to announce earnings of $0.5380 per share and revenue of $455.8730 million for the quarter.

Trend Micro (OTCMKTS:TMICY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The technology company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.05. Trend Micro had a return on equity of 28.76% and a net margin of 12.51%.The firm had revenue of $476.13 million for the quarter, compared to the consensus estimate of $456.96 million.

Trend Micro Stock Performance

Shares of OTCMKTS TMICY opened at $34.58 on Thursday. The business's 50 day moving average price is $34.08 and its 200-day moving average price is $40.87. Trend Micro has a fifty-two week low of $31.09 and a fifty-two week high of $79.99. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 19.76 and a beta of 0.77.

About Trend Micro

Trend Micro Incorporated is a global cybersecurity company that develops software and services to protect data and networks from evolving digital threats. Headquartered in Tokyo, Japan, with additional offices in North America, Europe and Asia-Pacific, the company offers solutions designed to safeguard businesses, governments and individual users. Since its founding in 1988, Trend Micro has focused on leveraging advanced threat intelligence and machine learning to deliver proactive security measures.

The company's product portfolio spans endpoint security, network defense, cloud security and threat intelligence services.

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