Toray Industries (TRYIY) Projected to Post Quarterly Earnings on Wednesday

Toray Industries (OTCMKTS:TRYIY) will likely be announcing its results before the market opens on Wednesday, February 11th. Analysts expect the company to announce earnings of $0.2014 per share and revenue of $4.1960 billion for the quarter.

Toray Industries (OTCMKTS:TRYIY) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). Toray Industries had a net margin of 2.38% and a return on equity of 3.26%. The firm had revenue of $4.13 billion during the quarter, compared to analysts’ expectations of $4.49 billion.

Toray Industries Price Performance

Shares of TRYIY stock opened at $16.52 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.83 and a quick ratio of 1.15. The firm’s 50-day moving average is $13.81 and its two-hundred day moving average is $13.27. Toray Industries has a 12 month low of $11.70 and a 12 month high of $16.52. The company has a market capitalization of $12.43 billion, a PE ratio of 31.77 and a beta of 0.43.

Toray Industries Company Profile

Toray Industries, Inc is a global leader in advanced materials and chemical technologies, headquartered in Tokyo, Japan. The company’s core operations span five business segments: fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, and life sciences. Toray serves a diverse range of industries, including automotive, aerospace, electronics, construction, healthcare and water treatment, leveraging its material innovation to meet evolving market demands.

In the fibers & textiles division, Toray develops synthetic fibers and high-performance fabrics for applications such as apparel, industrial materials and automotive interiors.