Subaru (OTCMKTS:FUJHY) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Subaru (OTCMKTS:FUJHY) released its earnings results on Monday. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02, Zacks reports. Subaru had a return on equity of 11.48% and a net margin of 6.40%.The firm had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.53 billion.

Subaru Price Performance

OTCMKTS FUJHY opened at $11.26 on Wednesday. The stock has a market capitalization of $16.50 billion, a PE ratio of 7.98 and a beta of 0.38. Subaru has a 1 year low of $7.32 and a 1 year high of $11.27. The company’s 50 day simple moving average is $10.43 and its two-hundred day simple moving average is $9.62.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Subaru from a “neutral” rating to a “buy” rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Subaru presently has a consensus rating of “Hold”.

Subaru Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.