SMC (OTCMKTS:SMCAY) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

SMC (OTCMKTS:SMCAY) announced its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05, Zacks reports. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $200.60 billion. SMC had a return on equity of 8.31% and a net margin of 20.52%.

SMC Trading Up 1.5%

Shares of OTCMKTS SMCAY opened at $18.37 on Friday. The stock has a market cap of $24.00 billion, a P/E ratio of 22.40, a PEG ratio of 16.73 and a beta of 1.01. SMC has a 12-month low of $14.30 and a 12-month high of $27.34. The business’s fifty day simple moving average is $17.18 and its 200-day simple moving average is $18.91.

SMC Company Profile

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.