Square Enix (OTCMKTS:SQNXF) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Square Enix (OTCMKTS:SQNXF) posted its earnings results on Wednesday. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09, Zacks reports.

Square Enix Stock Performance

OTCMKTS:SQNXF traded up $1.25 during mid-day trading on Wednesday, hitting $20.76. 307 shares of the company’s stock traded hands, compared to its average volume of 468. The company has a fifty day moving average of $18.57 and a 200 day moving average of $16.75. Square Enix has a twelve month low of $14.05 and a twelve month high of $21.30. The company has a market capitalization of $7.49 billion, a P/E ratio of 27.68 and a beta of 0.49.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Square Enix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Square Enix Company Profile

Square Enix Holdings Co., Ltd. is a Japanese entertainment company best known for developing and publishing video games. Its titles include the Final Fantasy, Dragon Quest and Kingdom Hearts franchises, released across console, PC and mobile platforms. The company also operates amusement facilities and develops arcade games, publishes manga and other books, and sells character-related merchandise. Its publishing business includes English-language manga releases through Square Enix Manga & Books.