JFE (JFEEF) Projected to Post Quarterly Earnings on Friday

JFE (OTCMKTS:JFEEF) is projected to issue its results after the market closes on Friday, November 6th. Analysts expect the company to post earnings of $0.3177 per share and revenue of $7.59 billion for the quarter.

JFE (OTCMKTS:JFEEF) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. The company had revenue of $7.14 billion for the quarter, compared to analysts’ expectations of $7.19 billion. JFE had a return on equity of 3.53% and a net margin of 2.05%.

JFE Stock Performance

Shares of OTCMKTS JFEEF opened at $11.55 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 0.57. The stock has a 50 day simple moving average of $11.60 and a 200-day simple moving average of $11.71. The company has a market cap of $2.13 billion, a PE ratio of 12.97 and a beta of 0.24. JFE has a 12-month low of $9.45 and a 12-month high of $15.00.

About JFE

JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.

The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.