Capcom (OTCMKTS:CCOEY) Posts Earnings Results, Beats Expectations By $0.05 EPS

Capcom (OTCMKTS:CCOEY) announced its earnings results on Tuesday. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05, Zacks reports. Capcom had a net margin of 28.16% and a return on equity of 21.84%.

Capcom Stock Up 4.2%

CCOEY stock opened at $10.70 on Tuesday. The company has a market cap of $11.41 billion, a price-to-earnings ratio of 24.88 and a beta of 0.64. Capcom has a twelve month low of $8.63 and a twelve month high of $14.87. The business has a 50 day moving average price of $9.60 and a two-hundred day moving average price of $10.45. The company has a quick ratio of 3.50, a current ratio of 4.59 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Capcom currently has an average rating of “Moderate Buy”.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.