Toray Industries (OTCMKTS:TRYIY) Issues Quarterly Earnings Results, Misses Expectations By $0.17 EPS

Toray Industries (OTCMKTS:TRYIY) released its quarterly earnings data on Tuesday. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.17), reports. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.20 billion. Toray Industries had a net margin of 2.38% and a return on equity of 3.26%.

Toray Industries Stock Up 2.0%

OTCMKTS TRYIY traded up $0.33 during mid-day trading on Tuesday, reaching $16.52. 18,449 shares of the company’s stock traded hands, compared to its average volume of 19,057. The company has a current ratio of 1.83, a quick ratio of 1.15 and a debt-to-equity ratio of 0.28. Toray Industries has a 1-year low of $11.70 and a 1-year high of $16.52. The company has a fifty day simple moving average of $13.81 and a 200-day simple moving average of $13.27. The company has a market cap of $12.43 billion, a price-to-earnings 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.