Mitsubishi Electric (MIELY) to Release Earnings on Monday

Mitsubishi Electric (OTCMKTS:MIELY) is anticipated to release its earnings data before the market opens on Monday, February 24th. Analysts expect Mitsubishi Electric to post earnings of $0.56 per share and revenue of $8.34 billion for the quarter.

Mitsubishi Electric Stock Up 1.7 %

MIELY opened at $31.51 on Friday. The firm has a market capitalization of $33.29 billion, a P/E ratio of 16.76 and a beta of 0.61. The firm’s 50 day moving average is $33.14 and its 200-day moving average is $32.84. Mitsubishi Electric has a 52-week low of $25.27 and a 52-week high of $38.48.

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.