Mitsubishi (OTCMKTS:MSBHF – Get Free Report) is anticipated to release its results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.3909 per share and revenue of $28.64 billion for the quarter.
Mitsubishi (OTCMKTS:MSBHF – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. The firm had revenue of $31.86 billion during the quarter, compared to analysts’ expectations of $26.46 billion. Mitsubishi had a net margin of 4.49% and a return on equity of 8.92%. On average, analysts expect Mitsubishi to post $2.37 EPS for the current fiscal year and $2.31 EPS for the next fiscal year.
Mitsubishi Stock Performance
OTCMKTS MSBHF opened at $30.50 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.46 and a quick ratio of 1.10. The firm has a market capitalization of $113.03 billion, a price-to-earnings ratio of 19.81 and a beta of 0.49. The company’s fifty day moving average is $30.84 and its two-hundred day moving average is $30.94. Mitsubishi has a 52-week low of $21.41 and a 52-week high of $37.75.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Mitsubishi from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.
Get Our Latest Analysis on MSBHF
Mitsubishi Company Profile
Mitsubishi Corporation (OTCMKTS:MSBHF) is a Japan-based global trading and business investment company. The company develops and manages businesses across a range of industries, working with partners and customers through its international network.
Its activities include natural gas and other energy businesses, mineral resources, chemicals, industrial infrastructure, mobility, food and consumer products, and power generation. Mitsubishi Corporation is involved in the development, financing, trading, and operation of projects and businesses rather than focusing on a single product line.
Headquartered in Tokyo, Mitsubishi Corporation serves customers and business partners across Japan and international markets.
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