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HOYA (OTCMKTS:HOCPY) Updates FY 2024 Earnings Guidance

HOYA logo with Computer and Technology background

HOYA (OTCMKTS:HOCPY - Get Free Report) updated its FY 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 3.698-3.698 for the period. The company issued revenue guidance of $5.6 billion-$5.6 billion. HOYA also updated its Q4 2024 guidance to EPS.

HOYA Stock Up 0.5 %

Shares of HOCPY stock traded up $0.58 during trading on Thursday, hitting $127.57. 18,556 shares of the company were exchanged, compared to its average volume of 23,515. The business's 50-day simple moving average is $130.44 and its 200 day simple moving average is $132.62. HOYA has a twelve month low of $108.12 and a twelve month high of $148.27. The firm has a market capitalization of $44.44 billion, a price-to-earnings ratio of 34.20, a P/E/G ratio of 2.59 and a beta of 0.82. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.35 and a current ratio of 5.04.

HOYA (OTCMKTS:HOCPY - Get Free Report) last issued its earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.94. HOYA had a net margin of 23.45% and a return on equity of 20.79%. As a group, analysts forecast that HOYA will post 3.66 EPS for the current fiscal year.

About HOYA

(Get Free Report)

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.

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