Hitachi (OTCMKTS:HTHIY – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.910-0.910 for the period. The company issued revenue guidance of $66.9 billion-$66.9 billion.
Hitachi Trading Up 3.3 %
Shares of Hitachi stock opened at $51.20 on Friday. The company has a 50 day moving average of $50.27 and a 200-day moving average of $49.33. The company has a market cap of $118.70 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. Hitachi has a 1-year low of $30.74 and a 1-year high of $56.65.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last released its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share for the quarter, topping the consensus estimate of $0.46 by $1.52. Hitachi had a return on equity of 11.60% and a net margin of 7.22%. Research analysts forecast that Hitachi will post 1.79 earnings per share for the current year.
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.
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