Brother Industries (OTCMKTS:BRTHY – Get Free Report) issued its quarterly earnings results on Monday. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.22, Zacks reports. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.51 billion.
Brother Industries Price Performance
OTCMKTS:BRTHY opened at $49.39 on Tuesday. The company’s fifty day moving average price is $59.44 and its 200-day moving average price is $47.82. Brother Industries has a 1-year low of $36.40 and a 1-year high of $60.20. The firm has a market capitalization of $6.18 billion, a P/E ratio of 20.78 and a beta of 0.32.
Brother Industries Company Profile
Brother Industries is a Japan-based manufacturer of office equipment, printing products and machinery. The company’s products include printers, multifunction devices, scanners and label printers, as well as sewing and embroidery machines for home and industrial use.
Brother also makes industrial equipment, including machine tools and industrial sewing machines, and provides related services and supplies. Its products are sold to consumers and businesses through a global network serving markets in Japan, the Americas, Europe and Asia.
The company traces its origins to a sewing-machine repair business established in Nagoya, Japan, in 1908.
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