Fanuc (OTCMKTS:FANUY) Announces Quarterly Earnings Results, Hits Estimates

Fanuc (OTCMKTS:FANUY) issued its quarterly earnings data on Friday. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17, Zacks reports. Fanuc had a net margin of 19.41% and a return on equity of 9.15%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.47 billion.

Fanuc Stock Down 3.9%

Shares of FANUY stock opened at $20.32 on Friday. Fanuc has a 12-month low of $13.60 and a 12-month high of $27.54. The firm has a fifty day moving average of $22.41 and a 200-day moving average of $21.32. The firm has a market capitalization of $39.92 billion, a price-to-earnings ratio of 32.77, a price-to-earnings-growth ratio of 2.58 and a beta of 1.03.

About Fanuc

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.