Mitsubishi Electric (MIELF) to Release Earnings on Tuesday

Mitsubishi Electric (OTCMKTS:MIELF) is anticipated to release its resultson Tuesday, April 28th. Analysts expect Mitsubishi Electric to post earnings of $0.2064 per share and revenue of $10.0714 billion for the quarter.

Mitsubishi Electric Price Performance

Shares of MIELF stock opened at $38.01 on Tuesday. The firm has a market cap of $81.61 billion, a price-to-earnings ratio of 40.43 and a beta of 0.63. The company’s 50 day moving average is $35.74 and its 200 day moving average is $31.64. Mitsubishi Electric has a 52-week low of $17.13 and a 52-week high of $39.41.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation (trading OTC as MIELF) is a diversified Japanese multinational manufacturer of electrical and electronic equipment. Established in 1921 as part of the broader Mitsubishi group, the company is headquartered in Tokyo and has grown into a global supplier of products and systems for industrial, commercial, infrastructure and consumer markets.

The company’s operations span a wide range of businesses including power and energy systems, factory automation and industrial machinery, building systems such as elevators and escalators, heating, ventilation and air-conditioning (HVAC) equipment, transportation systems including railway and traffic control solutions, and space and defense-related products.