Capcom (OTCMKTS:CCOEY) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Capcom (OTCMKTS:CCOEY) posted its earnings results on Tuesday. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05, Zacks reports. Capcom had a return on equity of 21.84% and a net margin of 28.16%.The firm had revenue of $429.66 million during the quarter, compared to the consensus estimate of $363.65 million.

Capcom Stock Performance

OTCMKTS CCOEY opened at $11.56 on Wednesday. The company has a market cap of $12.32 billion, a P/E ratio of 26.88 and a beta of 0.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.50 and a current ratio of 4.59. The business’s 50 day moving average price is $9.63 and its 200-day moving average price is $10.45. Capcom has a fifty-two week low of $8.63 and a fifty-two week high of $14.87.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a report on Wednesday, June 17th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Capcom has an average rating of “Moderate Buy”.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.