Capcom (OTCMKTS:CCOEY) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Capcom (OTCMKTS:CCOEY) issued its earnings results on Tuesday. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02), Zacks reports. Capcom had a net margin of 30.13% and a return on equity of 24.90%. The firm had revenue of $319.98 million during the quarter, compared to analyst estimates of $315.41 million.

Capcom Price Performance

CCOEY opened at $12.13 on Thursday. Capcom has a 12-month low of $8.63 and a 12-month high of $14.74. The stock has a market capitalization of $12.93 billion, a PE ratio of 23.78 and a beta of 0.62. The firm’s fifty day moving average price is $13.74 and its 200 day moving average price is $11.45.

Analyst Upgrades and Downgrades

Separately, Nomura downgraded Capcom from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 7th. Two analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Capcom Company Profile

Capcom Co, Ltd. is a Japanese entertainment company that develops, publishes and distributes interactive video game software for consoles, personal computers and mobile devices. The company also operates arcade and amusement-related businesses and licenses its intellectual property for merchandise, films, television productions and other media.

Capcom’s portfolio includes several internationally recognized franchises, including Resident Evil, Monster Hunter, Street Fighter, Mega Man, Devil May Cry and Ace Attorney.