Mitsubishi Electric (MIELY) Projected to Announce Earnings on Monday

Mitsubishi Electric (OTCMKTS:MIELY) will likely be posting its quarterly earnings results before the market opens on Monday, February 10th. Analysts expect Mitsubishi Electric to post earnings of $0.56 per share and revenue of $8.34 billion for the quarter.

Mitsubishi Electric Stock Performance

Shares of Mitsubishi Electric stock opened at $31.95 on Friday. Mitsubishi Electric has a fifty-two week low of $25.27 and a fifty-two week high of $38.48. The company has a market cap of $33.76 billion, a P/E ratio of 16.99 and a beta of 0.61. The firm has a 50-day simple moving average of $33.78 and a two-hundred day simple moving average of $32.92.

About Mitsubishi Electric

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.