Fanuc (OTCMKTS:FANUY) Posts Quarterly Earnings Results, Meets Estimates

Fanuc (OTCMKTS:FANUY) posted its quarterly earnings results on Friday. The industrial products company reported $0.17 EPS for the quarter, meeting analysts’ consensus estimates of $0.17, Zacks reports. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.47 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.15%.

Fanuc Trading Down 3.9%

FANUY stock opened at $20.32 on Friday. The stock has a market capitalization of $39.92 billion, a price-to-earnings ratio of 34.44, a PEG ratio of 2.68 and a beta of 1.03. The firm’s 50-day moving average price is $22.41 and its two-hundred day moving average price is $21.32. Fanuc has a 12-month low of $13.60 and a 12-month high of $27.54.

About Fanuc

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.