Mitsubishi Electric (MIELY) to Release Quarterly Earnings on Friday

Mitsubishi Electric (OTCMKTS:MIELY) will likely be posting its quarterly earnings results before the market opens on Friday, April 25th. Analysts expect Mitsubishi Electric to post earnings of $0.43 per share and revenue of $1,438.49 billion for the quarter.

Mitsubishi Electric Stock Up 2.6 %

Shares of OTCMKTS MIELY opened at $36.15 on Friday. Mitsubishi Electric has a 12-month low of $25.27 and a 12-month high of $41.79. The firm’s 50-day simple moving average is $34.91 and its 200 day simple moving average is $33.97. The company has a market cap of $38.20 billion, a price-to-earnings ratio of 19.23 and a beta of 0.53.

About Mitsubishi Electric

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.