Q3 2019 Earnings Estimate for DENSO Corp/ADR (DNZOY) Issued By Jefferies Financial Group

DENSO Corp/ADR (OTCMKTS:DNZOY) – Equities research analysts at Jefferies Financial Group raised their Q3 2019 earnings estimates for shares of DENSO Corp/ADR in a report issued on Wednesday, December 5th. Jefferies Financial Group analyst T. Nakanishi now expects that the company will post earnings per share of $0.56 for the quarter, up from their prior estimate of $0.55. Jefferies Financial Group also issued estimates for DENSO Corp/ADR’s Q4 2019 earnings at $0.50 EPS, FY2019 earnings at $1.72 EPS, FY2020 earnings at $1.94 EPS and FY2021 earnings at $2.05 EPS.

DENSO Corp/ADR (OTCMKTS:DNZOY) last released its quarterly earnings results on Wednesday, October 31st. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.15). DENSO Corp/ADR had a return on equity of 7.40% and a net margin of 5.22%. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.19 billion.

A number of other research analysts have also recently commented on the company. ValuEngine cut DENSO Corp/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, October 9th. Zacks Investment Research cut DENSO Corp/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, September 27th.

OTCMKTS:DNZOY opened at $22.80 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.60 and a current ratio of 2.03. DENSO Corp/ADR has a 52 week low of $21.50 and a 52 week high of $32.72. The firm has a market cap of $36.11 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 2.05 and a beta of 1.25.

DENSO Corp/ADR Company Profile

DENSO Corporation supplies automotive technology, systems, and components for automakers. It develops and manufactures electronic products, semiconductor sensors, and microelectronic devices; and powertrain systems, such as gasoline and diesel engine control systems, fuel pumps, variable valve timing-related products, sensors, and oil pressure control valves.

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Earnings History and Estimates for DENSO Corp/ADR (OTCMKTS:DNZOY)

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