Hitachi (HTHIY) to Release Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is projected to release its earnings data on Wednesday, January 29th. Analysts expect Hitachi to post earnings of $0.46 per share and revenue of $2,305,793,759.73 billion for the quarter. Hitachi has set its FY 2024 guidance at 0.930-0.930 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Hitachi (OTCMKTS:HTHIY) last released its quarterly earnings data on Wednesday, October 30th. The conglomerate reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $1.30. Hitachi had a return on equity of 11.60% and a net margin of 7.22%. The business had revenue of $15.69 billion for the quarter, compared to the consensus estimate of $16.51 billion. On average, analysts expect Hitachi to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hitachi Stock Up 2.7 %

HTHIY stock opened at $49.10 on Wednesday. Hitachi has a 52 week low of $30.36 and a 52 week high of $56.65. The firm has a market capitalization of $113.83 billion, a P/E ratio of 9.36, a price-to-earnings-growth ratio of 1.44 and a beta of 0.81. The company has a fifty day simple moving average of $50.29 and a two-hundred day simple moving average of $53.17.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.