Jefferies Financial Group Comments on Disco Co.’s Q1 2023 Earnings (OTCMKTS:DSCSY)

Disco Co. (OTCMKTS:DSCSYGet Rating) – Stock analysts at Jefferies Financial Group issued their Q1 2023 earnings per share (EPS) estimates for Disco in a report released on Monday, April 25th. Jefferies Financial Group analyst M. Nakanomyo expects that the company will post earnings of $0.92 per share for the quarter. Jefferies Financial Group also issued estimates for Disco’s FY2023 earnings at $3.58 EPS, FY2024 earnings at $3.68 EPS and FY2025 earnings at $3.90 EPS.

Disco (OTCMKTS:DSCSYGet Rating) last posted its quarterly earnings data on Tuesday, January 25th. The company reported $0.86 earnings per share for the quarter. Disco had a net margin of 23.54% and a return on equity of 20.39%. The firm had revenue of $583.08 million during the quarter.

Separately, Zacks Investment Research upgraded shares of Disco from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Monday, April 11th.

DSCSY stock opened at $50.00 on Thursday. The company has a 50 day moving average price of $52.45 and a 200 day moving average price of $55.87. Disco has a fifty-two week low of $46.48 and a fifty-two week high of $68.70. The stock has a market capitalization of $9.02 billion, a PE ratio of 19.46 and a beta of 1.17.

About Disco (Get Rating)

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. The company's precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, as well as products for dicing before grinding process and package singulation.

See Also

Earnings History and Estimates for Disco (OTCMKTS:DSCSY)

Receive News & Ratings for Disco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Disco and related companies with MarketBeat.com's FREE daily email newsletter.