Mitsui & Co. (MITSY) Projected to Release Quarterly Earnings on Monday

Mitsui & Co. (OTCMKTS:MITSY) is expected to be issuing its resultson Monday, August 3rd. Analysts expect Mitsui & Co. to announce earnings of $9.36 per share and revenue of $22.2941 billion for the quarter.

Mitsui & Co. (OTCMKTS:MITSY) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $9.94 EPS for the quarter, missing analysts’ consensus estimates of $10.81 by ($0.87). Mitsui & Co. had a return on equity of 9.81% and a net margin of 5.96%.The firm had revenue of $23.22 billion during the quarter, compared to the consensus estimate of $34.72 billion. On average, analysts expect Mitsui & Co. to post $48 EPS for the current fiscal year and $51 EPS for the next fiscal year.

Mitsui & Co. Price Performance

Shares of OTCMKTS:MITSY opened at $607.61 on Monday. The firm has a market capitalization of $86.79 billion, a PE ratio of 15.73, a PEG ratio of 1.11 and a beta of 0.48. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. Mitsui & Co. has a 1-year low of $397.36 and a 1-year high of $835.49. The business’s 50 day moving average is $612.30 and its 200-day moving average is $685.27.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.