Obic (OBIIF) Expected to Release Earnings on Wednesday

Obic (OTCMKTS:OBIIF) is projected to release its resultson Wednesday, July 22nd. Analysts expect Obic to announce earnings of $0.3014 per share and revenue of $220.6340 million for the quarter.

Obic (OTCMKTS:OBIIF) last released its quarterly earnings results on Tuesday, April 21st. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $221.03 million for the quarter, compared to analyst estimates of $217.38 million. Obic had a return on equity of 15.43% and a net margin of 55.67%. On average, analysts expect Obic to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Obic Stock Performance

Shares of OBIIF stock opened at $21.11 on Monday. Obic has a 1-year low of $21.11 and a 1-year high of $28.52. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 18.52 and a beta of 0.68. The stock has a 50-day moving average of $23.85 and a 200-day moving average of $26.03.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Obic to a “hold” rating in a report on Monday, June 15th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About Obic

Obic (OTCMKTS:OBIIF) is a Tokyo‐based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on‐premise installations or via cloud‐based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision‐making across various functional areas.

In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.