Seiko Epson Co. (OTCMKTS:SEKEY) – Research analysts at Jefferies Financial Group dropped their FY2022 earnings per share (EPS) estimates for Seiko Epson in a research report issued on Tuesday, January 11th. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will post earnings per share of $0.68 for the year, down from their prior forecast of $0.72. Jefferies Financial Group also issued estimates for Seiko Epson’s FY2023 earnings at $0.63 EPS and FY2024 earnings at $0.68 EPS.
Separately, Zacks Investment Research cut shares of Seiko Epson from a “strong-buy” rating to a “hold” rating in a report on Saturday.
Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Friday, October 29th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.19. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Seiko Epson had a net margin of 5.79% and a return on equity of 11.18%.
Seiko Epson Company Profile
Seiko Epson Corp. engages in the development, manufacture, and sale of information equipment. It operates through the following business segments: Printing Solutions, Visual Communications, and Wearable & Industrial Products. The Printing Solutions segment offers Inkjet printers, serial impact dot matrix printers, page printers, color image scanners, large-format inkjet printers, industrial inkjet printing systems, printers for use in POS systems, label printers and related consumables, office papermaking systems, personal computers and others.
Featured Article: Should You Consider an Index Fund?
Receive News & Ratings for Seiko Epson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seiko Epson and related companies with MarketBeat.com's FREE daily email newsletter.