Horiba (HRIBF) to Release Earnings on Thursday

Horiba (OTCMKTS:HRIBF) is anticipated to post its resultson Thursday, May 14th. Analysts expect Horiba to post earnings of $1.22 per share and revenue of $477.31 million for the quarter.

Horiba (OTCMKTS:HRIBF) last issued its quarterly earnings results on Thursday, February 12th. The company reported $2.38 EPS for the quarter, topping the consensus estimate of $1.72 by $0.66. Horiba had a net margin of 11.11% and a return on equity of 12.27%. The company had revenue of $654.78 million during the quarter, compared to analyst estimates of $655.14 million.

Horiba Stock Performance

HRIBF stock opened at $132.50 on Tuesday. The company has a current ratio of 2.99, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11. Horiba has a 12-month low of $73.11 and a 12-month high of $132.50. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 22.65 and a beta of 0.17. The business’s 50-day moving average is $126.01 and its 200 day moving average is $109.27.

About Horiba

Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.

In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.