Fujitsu (OTCMKTS:FJTSY) Updates FY 2024 Earnings Guidance

Fujitsu (OTCMKTS:FJTSY) updated its FY 2024 earnings guidance on Friday. The company provided EPS guidance of 0.810-0.810 for the period. The company issued revenue guidance of $22.8 billion-$22.8 billion.

Fujitsu Price Performance

Shares of Fujitsu stock opened at $19.53 on Friday. The firm has a market capitalization of $36.80 billion, a PE ratio of 37.10 and a beta of 0.90. The company has a current ratio of 1.43, a quick ratio of 1.14 and a debt-to-equity ratio of 0.05. Fujitsu has a 12 month low of $13.39 and a 12 month high of $22.01. The business’s 50-day moving average price is $18.01 and its 200-day moving average price is $18.44.

Fujitsu (OTCMKTS:FJTSY) last announced its quarterly earnings results on Friday, January 31st. The technology company reported $0.21 earnings per share (EPS) for the quarter. Fujitsu had a return on equity of 13.88% and a net margin of 6.94%. Sell-side analysts forecast that Fujitsu will post 0.65 EPS for the current fiscal year.

About Fujitsu

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC’s, desktop PC’s, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.