Toto (OTCMKTS:TOTDY) Releases Earnings Results, Beats Estimates By $0.18 EPS

Toto (OTCMKTS:TOTDY) issued its earnings results on Thursday. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.18, Zacks reports.

Toto Trading Up 12.3%

Shares of OTCMKTS TOTDY traded up $4.13 during mid-day trading on Thursday, reaching $37.60. The company had a trading volume of 11,811 shares, compared to its average volume of 14,100. The business’s 50-day moving average is $35.67 and its 200-day moving average is $30.97. Toto has a 52 week low of $23.84 and a 52 week high of $44.02.

Analyst Ratings Changes

Separately, Smbc Nikko Sec. raised shares of Toto to a “strong sell” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Toto

TOTO Ltd. (OTCMKTS:TOTDY) is a Japan‐based manufacturer specializing in bathroom fixtures and sanitary ware. Founded in 1917 by Kazuchika Okura and headquartered in Kitakyushu, Fukuoka Prefecture, the company has grown into one of the world’s leading providers of high‐quality toilets, bidets, washbasins, faucets and related ceramics. Over the decades, TOTO has built a reputation for innovation through the development of technologies such as the Washlet® electronic bidet toilet seat, which integrates heated seating, warm water cleansing and automated lid operation.

The company’s core product portfolio encompasses a wide range of sanitary ceramics, including one‐piece and two‐piece toilets, urinals, bathtubs and shower systems.