Trend Micro (OTCMKTS:TMICY – Get Free Report) is expected to post its results after the market closes on Thursday, November 12th. Analysts expect Trend Micro to announce earnings of $0.3952 per share and revenue of $477.36 million for the quarter.
Trend Micro (OTCMKTS:TMICY – Get Free Report) last issued its earnings results on Thursday, August 13th. The technology company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.23). Trend Micro had a return on equity of 28.58% and a net margin of 12.30%. The firm had revenue of $469.40 million during the quarter, compared to analyst estimates of $456.51 million. On average, analysts expect Trend Micro to post $1.41 EPS for the current fiscal year and $1.48 EPS for the next fiscal year.
Trend Micro Price Performance
TMICY opened at $43.02 on Tuesday. The company has a market capitalization of $5.62 billion, a PE ratio of 24.44 and a beta of 0.80. Trend Micro has a fifty-two week low of $31.09 and a fifty-two week high of $52.11. The business has a 50-day moving average of $42.79 and a 200-day moving average of $38.31.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Trend Micro from a “strong sell” rating to a “hold” rating in a report on Monday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy”.
Read Our Latest Report on TMICY
About Trend Micro
Trend Micro is a global cybersecurity company that develops software and services to help organizations and individuals protect against digital threats. Its offerings cover endpoint, network, cloud and email security, as well as threat detection and response.
The company’s portfolio includes Trend Vision One, a cybersecurity platform that brings together threat detection, investigation and response capabilities, and products for protecting cloud environments and devices. Trend Micro also provides threat intelligence and security services to businesses, governments and consumers.
Founded in 1988, Trend Micro serves customers around the world and is headquartered in Tokyo, Japan.
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