Fanuc (OTCMKTS:FANUY) Releases Earnings Results, Meets Estimates

Fanuc (OTCMKTS:FANUY) announced its earnings results on Friday. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17, Zacks reports. Fanuc had a net margin of 19.41% and a return on equity of 9.15%.

Fanuc Stock Down 3.9%

OTCMKTS:FANUY traded down $0.82 during trading hours on Friday, reaching $20.32. 460,293 shares of the company’s stock were exchanged, compared to its average volume of 493,372. Fanuc has a 1-year low of $13.60 and a 1-year high of $27.54. The firm has a market capitalization of $39.92 billion, a price-to-earnings ratio of 34.44, a P/E/G ratio of 2.49 and a beta of 1.03. The company has a 50-day moving average of $22.52 and a 200 day moving average of $21.33.

About Fanuc

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.