Fujitsu (FJTSY) Posts Quarterly Earnings Results, Misses Estimates By $0.41 EPS

Fujitsu (OTCMKTS:FJTSY) released its earnings results on Thursday. The technology company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.41), MarketWatch Earnings reports. Fujitsu had a net margin of 5.18% and a return on equity of 16.74%. The business had revenue of $8.67 billion for the quarter. Fujitsu updated its FY 2019 guidance to $4.96-4.96 EPS.

Shares of FJTSY opened at $12.88 on Friday. The company has a market cap of $13.32 billion, a P/E ratio of 14.73 and a beta of 0.89. Fujitsu has a twelve month low of $11.50 and a twelve month high of $17.60. The company has a quick ratio of 1.24, a current ratio of 1.45 and a debt-to-equity ratio of 0.17.

Separately, JPMorgan Chase & Co. downgraded shares of Fujitsu from an “overweight” rating to a “neutral” rating in a research report on Monday, October 29th.

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About Fujitsu

Fujitsu Limited operates as an information and communication technology (ICT) company. The company's Technology Solutions segment offers system integration services, including system construction and business applications; consulting services; front-end technologies comprising ATMs, point-of-sale systems, etc.; and outsourcing services, including datacenters, ICT and application operation/management, SaaS, business process outsourcing, etc.

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Earnings History for Fujitsu (OTCMKTS:FJTSY)

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