Toto (OTCMKTS:TOTDY) Posts Earnings Results, Misses Estimates By $0.08 EPS

Toto (OTCMKTS:TOTDY) posted its quarterly earnings results on Friday. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.08), Zacks reports.

Toto Trading Down 8.8%

Shares of OTCMKTS:TOTDY traded down $3.82 on Friday, reaching $39.43. The company had a trading volume of 20,974 shares, compared to its average volume of 22,436. Toto has a 52-week low of $23.84 and a 52-week high of $60.09. The firm’s 50 day simple moving average is $48.78 and its 200-day simple moving average is $40.60.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. raised shares of Toto from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Toto Company Profile

TOTO Ltd. (OTCMKTS:TOTDY) is a Japan?based manufacturer specializing in bathroom fixtures and sanitary ware. Founded in 1917 by Kazuchika Okura and headquartered in Kitakyushu, Fukuoka Prefecture, the company has grown into one of the world’s leading providers of high?quality toilets, bidets, washbasins, faucets and related ceramics. Over the decades, TOTO has built a reputation for innovation through the development of technologies such as the Washlet® electronic bidet toilet seat, which integrates heated seating, warm water cleansing and automated lid operation.

The company’s core product portfolio encompasses a wide range of sanitary ceramics, including one?piece and two?piece toilets, urinals, bathtubs and shower systems.