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

Mitsui & Co. (OTCMKTS:MITSY) is projected to issue its resultson Thursday, April 30th. Analysts expect the company to announce earnings of $9.01 per share and revenue of $28.1484 billion for the quarter. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS.

Mitsui & Co. (OTCMKTS:MITSY) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share for the quarter, missing analysts’ consensus estimates of $9.57 by ($1.05). Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.55%. The business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $23.94 billion. On average, analysts expect Mitsui & Co. to post $37 EPS for the current fiscal year and $46 EPS for the next fiscal year.

Mitsui & Co. Price Performance

Shares of Mitsui & Co. stock traded down $3.23 during trading on Wednesday, reaching $721.10. The company’s stock had a trading volume of 137 shares, compared to its average volume of 7,485. The company has a quick ratio of 1.22, a current ratio of 1.46 and a debt-to-equity ratio of 0.58. Mitsui & Co. has a 12-month low of $371.53 and a 12-month high of $835.49. The company has a market capitalization of $103.00 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 2.13 and a beta of 0.57. The business has a 50 day moving average price of $758.26 and a 200-day moving average price of $642.02.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

About Mitsui & Co.

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.