Hitachi (HTHIY) Projected to Post Quarterly Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is expected to be releasing its earnings data on Wednesday, January 29th. Analysts expect Hitachi to post earnings of $0.46 per share and revenue of $2,305,793,759.73 billion for the quarter. Hitachi has set its FY 2024 guidance at 0.930-0.930 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Hitachi (OTCMKTS:HTHIY) last issued its earnings results on Wednesday, October 30th. The conglomerate reported $1.71 EPS for the quarter, topping the consensus estimate of $0.41 by $1.30. The business had revenue of $15.69 billion during the quarter, compared to analysts’ expectations of $16.51 billion. Hitachi had a return on equity of 11.60% and a net margin of 7.22%. On average, analysts expect Hitachi to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hitachi Trading Up 1.0 %

OTCMKTS:HTHIY opened at $52.37 on Monday. Hitachi has a 1-year low of $30.36 and a 1-year high of $56.65. The business’s fifty day moving average price is $50.32 and its 200 day moving average price is $49.31. The firm has a market capitalization of $121.41 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 1.59 and a beta of 0.81.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.