JAPAN POST BANK (OTCMKTS:JPPTY) Releases Quarterly Earnings Results

JAPAN POST BANK (OTCMKTS:JPPTY) posted its quarterly earnings data on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $2.83 billion.

JAPAN POST BANK Trading Down 2.7%

Shares of JPPTY traded down $0.53 during mid-day trading on Friday, reaching $19.12. 75,887 shares of the company’s stock traded hands, compared to its average volume of 104,100. The stock’s 50-day moving average is $20.27 and its two-hundred day moving average is $19.22. JAPAN POST BANK has a 12 month low of $9.46 and a 12 month high of $24.15.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About JAPAN POST BANK

Japan Post Bank Co., Ltd. is a Japanese banking company that provides deposit, payment and asset-management services to individuals and businesses. Its offerings include savings and time deposits, domestic and international transfers, debit card services, and investment products such as investment trusts and government bonds. The bank serves customers throughout Japan through its own branches and ATMs, as well as through the broader Japan Post network. It also manages funds held in customer deposits, investing in domestic and international financial assets.