Fairfax India (FFXDF) to Announce Earnings on Thursday

Fairfax India (OTCMKTS:FFXDF) is anticipated to post its resultson Thursday, July 30th. Analysts expect Fairfax India to post earnings of $0.36 per share and revenue of $3.7220 million for the quarter.

Fairfax India (OTCMKTS:FFXDF) last released its earnings results on Thursday, April 30th. The company reported ($2.76) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($3.12). The firm had revenue of ($379.97) million during the quarter, compared to analyst estimates of $3.72 million.

Fairfax India Price Performance

Shares of FFXDF opened at $17.80 on Thursday. The stock has a 50 day moving average price of $17.92 and a 200 day moving average price of $17.67. Fairfax India has a one year low of $15.46 and a one year high of $20.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 9.62 and a beta of 0.85.

About Fairfax India

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.