Square Enix (OTCMKTS:SQNXF) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Square Enix (OTCMKTS:SQNXF) announced its quarterly earnings results on Wednesday. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.09, Zacks reports. The firm had revenue of $538.46 million during the quarter, compared to the consensus estimate of $470.68 million.

Square Enix Stock Up 4.5%

Shares of SQNXF opened at $21.16 on Thursday. The company has a market capitalization of $7.63 billion, a P/E ratio of 28.21 and a beta of 0.49. The firm has a 50 day moving average of $18.61 and a 200 day moving average of $16.76. Square Enix has a twelve month low of $14.05 and a twelve month high of $21.30.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Square Enix from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, Square Enix currently has a consensus rating of “Strong Buy”.

Square Enix Company Profile

Square Enix Holdings Co., Ltd. is a Japanese entertainment company best known for developing and publishing video games. Its titles include the Final Fantasy, Dragon Quest and Kingdom Hearts franchises, released across console, PC and mobile platforms. The company also operates amusement facilities and develops arcade games, publishes manga and other books, and sells character-related merchandise. Its publishing business includes English-language manga releases through Square Enix Manga & Books.