Sharp (OTCMKTS:SHCAY) Posts Quarterly Earnings Results, Hits Estimates

Sharp (OTCMKTS:SHCAYGet Free Report) released its earnings results on Friday. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01, Zacks reports. Sharp had a net margin of 2.60% and a return on equity of 17.39%. The firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.74 billion.

Sharp Price Performance

SHCAY stock traded down $0.09 on Friday, reaching $0.90. 17,820 shares of the company traded hands, compared to its average volume of 3,021. The firm has a fifty day simple moving average of $0.92 and a 200-day simple moving average of $0.94. The company has a market cap of $2.35 billion, a P/E ratio of 6.95 and a beta of 0.63. Sharp has a one year low of $0.80 and a one year high of $1.52.

Sharp Company Profile

(Get Free Report)

Sharp Corporation, founded in 1912 by Tokuji Hayakawa and headquartered in Sakai, Osaka, is a Japanese multinational electronics manufacturer. Over its century-long history, Sharp has been recognized for pioneering products such as the Ever-Sharp mechanical pencil and for its sustained innovation in display technologies.

The company’s core offerings span consumer electronics and professional solutions, including LCD televisions, large-scale displays, mobile device components, multifunction printers, and energy products such as solar panels and energy storage systems.

See Also

Earnings History for Sharp (OTCMKTS:SHCAY)

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