Suzuki Motor (SZKMY) Expected to Announce Quarterly Earnings on Wednesday

Suzuki Motor (OTCMKTS:SZKMY) is expected to be announcing its earnings results on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.03 per share and revenue of $1,400.83 billion for the quarter. Suzuki Motor has set its FY 2024 guidance at 1.220-1.220 EPS.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Friday, November 8th. The company reported $1.44 earnings per share for the quarter. The firm had revenue of $9.39 billion during the quarter. On average, analysts expect Suzuki Motor to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Suzuki Motor Stock Up 0.2 %

Suzuki Motor stock opened at $48.03 on Wednesday. The firm has a market cap of $23.59 billion, a price-to-earnings ratio of 13.60 and a beta of 1.14. Suzuki Motor has a 52 week low of $34.20 and a 52 week high of $50.32. The business’s 50-day moving average price is $44.92 and its 200 day moving average price is $44.12. The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.16.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th.

About Suzuki Motor

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.