AUO (AUOTY) Expected to Announce Quarterly Earnings on Thursday

AUO (OTCMKTS:AUOTY) is expected to be releasing its results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $0.0293 per share and revenue of $2.15 billion for the quarter.

AUO (OTCMKTS:AUOTY) last posted its earnings results on Thursday, July 30th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. AUO had a return on equity of 3.15% and a net margin of 1.82%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.21 billion.

AUO Stock Up 4.6%

OTCMKTS AUOTY opened at $11.48 on Thursday. AUO has a twelve month low of $3.25 and a twelve month high of $12.74. The firm has a market capitalization of $8.84 billion, a PE ratio of 49.86 and a beta of 0.43. The stock’s 50 day moving average is $9.78 and its 200 day moving average is $8.19.

About AUO

AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.

The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.