Hitachi (OTCMKTS:HTHIY – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided EPS guidance of 0.910-0.910 for the period. The company issued revenue guidance of $66.9 billion-$66.9 billion.
Hitachi Price Performance
Hitachi stock opened at $51.20 on Friday. The firm has a market cap of $118.70 billion, a P/E ratio of 9.03, a P/E/G ratio of 1.48 and a beta of 0.81. The stock’s 50 day moving average is $50.27 and its 200 day moving average is $49.33. Hitachi has a one year low of $30.74 and a one year high of $56.65.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a net margin of 7.22% and a return on equity of 11.60%. Equities analysts anticipate that Hitachi will post 1.79 earnings per share for the current fiscal year.
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.
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