Denso (DNZOY) Projected to Release Quarterly Earnings on Thursday

Denso (OTCMKTS:DNZOY) is projected to release its results before the market opens on Thursday, October 29th. Analysts expect Denso to post earnings of $0.1832 per share and revenue of $11.99 billion for the quarter.

Denso (OTCMKTS:DNZOY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.04). Denso had a return on equity of 7.85% and a net margin of 5.59%. The company had revenue of $12.01 billion for the quarter, compared to analyst estimates of $11.42 billion. On average, analysts expect Denso to post $0.89 EPS for the current fiscal year and $0.92 EPS for the next fiscal year.

Denso Stock Down 1.3%

Shares of DNZOY opened at $11.70 on Thursday. Denso has a 52 week low of $11.18 and a 52 week high of $15.37. The stock has a market capitalization of $34.06 billion, a price-to-earnings ratio of 11.36 and a beta of 0.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.44 and a current ratio of 2.12. The stock has a fifty day moving average of $11.97 and a 200-day moving average of $11.97.

Analyst Ratings Changes

Separately, Zacks Research raised Denso from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Denso currently has an average rating of “Hold”.

Denso Company Profile

DENSO Corporation is a Japan-based global automotive supplier that develops and manufactures technologies and components for vehicle manufacturers and mobility customers. Its products support vehicle thermal management, electrification, powertrain systems, vehicle motion control, cockpit and connectivity functions, and advanced safety.

The company’s offerings include air-conditioning and refrigeration systems, compressors, alternators, starters, fuel-injection and engine-management components, electric motors, inverters, sensors, electronic control units, and driver-assistance technologies.