Jefferies Financial Group Analysts Increase Earnings Estimates for YASKAWA Electric Co. (OTCMKTS:YASKY)

YASKAWA Electric Co. (OTCMKTS:YASKYGet Rating) – Jefferies Financial Group raised their Q2 2023 earnings per share (EPS) estimates for YASKAWA Electric in a research report issued to clients and investors on Monday, September 12th. Jefferies Financial Group analyst S. Fukuhara now expects that the technology company will post earnings per share of $0.83 for the quarter, up from their previous estimate of $0.64. The consensus estimate for YASKAWA Electric’s current full-year earnings is $3.18 per share. Jefferies Financial Group also issued estimates for YASKAWA Electric’s Q3 2023 earnings at $0.78 EPS, Q4 2023 earnings at $0.83 EPS, FY2023 earnings at $3.05 EPS, FY2024 earnings at $2.99 EPS, FY2025 earnings at $3.27 EPS, FY2026 earnings at $3.65 EPS and FY2027 earnings at $4.09 EPS.

YASKAWA Electric Price Performance

OTCMKTS YASKY opened at $64.07 on Wednesday. YASKAWA Electric has a fifty-two week low of $58.55 and a fifty-two week high of $111.77. The stock’s 50-day moving average is $66.80 and its two-hundred day moving average is $69.41. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.86 and a quick ratio of 1.16. The firm has a market cap of $8.54 billion, a P/E ratio of 23.73 and a beta of 1.33.

YASKAWA Electric (OTCMKTS:YASKYGet Rating) last posted its earnings results on Friday, July 8th. The technology company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.08. YASKAWA Electric had a return on equity of 13.86% and a net margin of 8.54%. The company had revenue of $962.50 million for the quarter, compared to analyst estimates of $944.00 million.

YASKAWA Electric Company Profile

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YASKAWA Electric Corporation engages in motion control, robotics, system engineering, and other businesses worldwide. It manufactures and sells various AC drives, including general purpose AC drives, specific purpose AC drives, AC Drive for systems, regenerative energy saving units, and PM motors for use in household appliances, such as air conditioners and refrigerators; social infrastructures comprising elevators, escalators, trains, cranes, fans, and pumps; and factories that manufacture printing machinery, textile machinery, rubber machinery, and other materials.

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Earnings History and Estimates for YASKAWA Electric (OTCMKTS:YASKY)

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