Asahi Glass (OTCMKTS:ASGLY) Updates FY 2026 Earnings Guidance

Asahi Glass (OTCMKTS:ASGLY) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.460-0.460 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $14.0 billion-$14.0 billion.

Asahi Glass Stock Down 7.2%

Shares of OTCMKTS:ASGLY traded down $0.55 during midday trading on Tuesday, reaching $7.08. The company had a trading volume of 1,460 shares, compared to its average volume of 6,401. The stock has a market cap of $7.69 billion, a PE ratio of 13.35 and a beta of 0.49. Asahi Glass has a 1-year low of $5.87 and a 1-year high of $10.69. The business’s 50 day moving average price is $8.49 and its 200 day moving average price is $7.82. The company has a quick ratio of 0.76, a current ratio of 1.41 and a debt-to-equity ratio of 0.26.

Asahi Glass (OTCMKTS:ASGLY) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.14 earnings per share (EPS) for the quarter. Asahi Glass had a return on equity of 5.02% and a net margin of 4.04%.The company had revenue of $3.43 billion for the quarter. Asahi Glass has set its FY 2026 guidance at 0.460-0.460 EPS. Research analysts forecast that Asahi Glass will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Asahi Glass to a “hold” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Asahi Glass has an average rating of “Hold”.

About Asahi Glass

Asahi Glass Co, Ltd., operating under the global brand AGC Inc, is a leading manufacturer of glass, chemicals and high‐performance materials. The company’s core business includes architectural and automotive glass, display glass for liquid crystal displays and semiconductor fabrication equipment, as well as fluorochemicals, ceramics and specialty materials. Through these diverse product lines, Asahi Glass serves markets ranging from construction and automotive to electronics and chemical processing.

Founded in 1907 as Japan’s first sheet glass producer, Asahi Glass has grown into a multinational enterprise with operations spanning Asia, Europe, North America and beyond.