Mitsubishi Heavy Industries (MHVYF) Expected to Release Quarterly Earnings on Tuesday

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) is projected to issue its resultson Tuesday, August 4th. Analysts expect the company to post earnings of $0.1472 per share and revenue of $7.0908 billion for the quarter.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last issued its earnings results on Tuesday, May 12th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. Mitsubishi Heavy Industries had a return on equity of 11.74% and a net margin of 5.89%.The company had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.43 billion.

Mitsubishi Heavy Industries Stock Performance

Shares of MHVYF opened at $23.27 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.03 and a current ratio of 1.28. The stock has a 50-day moving average of $23.66 and a two-hundred day moving average of $27.69. The stock has a market cap of $78.52 billion, a P/E ratio of 35.81 and a beta of 0.48. Mitsubishi Heavy Industries has a one year low of $20.59 and a one year high of $34.50.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries is a diversified Japanese industrial conglomerate engaged in the design, manufacture and servicing of large-scale capital equipment and systems. The company’s activities span shipbuilding and marine propulsion; power and energy systems including gas turbines, boilers and related power-plant equipment; and industrial machinery for sectors ranging from chemicals and manufacturing to environmental control. MHI also supplies heating, ventilation and air-conditioning systems and other building-related equipment for commercial and industrial customers.

In addition to its heavy engineering businesses, Mitsubishi Heavy Industries is a major participant in aerospace, space and defense markets.