Hitachi (OTCMKTS:HTHIY) Issues FY 2024 Earnings Guidance

Hitachi logo with Multi-Sector Conglomerates background

Hitachi (OTCMKTS:HTHIY - Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.910-0.910 for the period. The company issued revenue guidance of $66.9 billion-$66.9 billion.

Hitachi Stock Down 0.4 %

OTCMKTS:HTHIY traded down $0.20 during trading hours on Tuesday, hitting $51.00. 124,303 shares of the company traded hands, compared to its average volume of 135,965. Hitachi has a one year low of $30.74 and a one year high of $56.65. The company has a quick ratio of 0.85, a current ratio of 1.15 and a debt-to-equity ratio of 0.17. The company has a market cap of $118.23 billion, a PE ratio of 7.80, a PEG ratio of 1.60 and a beta of 0.80. The firm's 50-day simple moving average is $50.33 and its 200-day simple moving average is $49.42.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share for the quarter, topping the consensus estimate of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.68%. Equities analysts predict that Hitachi will post 1.79 earnings per share for the current year.

Hitachi Company Profile

(Get Free Report)

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.

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