Toray Industries (TRYIY) to Release Earnings on Wednesday

Toray Industries (OTCMKTS:TRYIY) will likely be releasing its results before the market opens on Wednesday, February 11th. Analysts expect Toray Industries to post earnings of $0.2014 per share and revenue of $4.1960 billion for the quarter.

Toray Industries (OTCMKTS:TRYIY) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). The company had revenue of $4.13 billion for the quarter, compared to the consensus estimate of $4.49 billion. Toray Industries had a return on equity of 3.26% and a net margin of 2.38%.

Toray Industries Stock Up 2.0%

Shares of Toray Industries stock opened at $16.52 on Tuesday. The business has a 50-day moving average price of $13.81 and a 200 day moving average price of $13.27. Toray Industries has a fifty-two week low of $11.70 and a fifty-two week high of $16.52. The firm has a market cap of $12.43 billion, a P/E ratio of 31.77 and a beta of 0.43. The company has a quick ratio of 1.15, a current ratio of 1.83 and a debt-to-equity ratio of 0.28.

About Toray Industries

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.