Horiba (OTCMKTS:HRIBF) Issues Quarterly Earnings Results, Beats Estimates By $0.66 EPS

Horiba (OTCMKTS:HRIBF) released its quarterly earnings data on Thursday. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.66, Zacks reports. Horiba had a net margin of 11.11% and a return on equity of 12.79%. The firm had revenue of $654.78 million during the quarter, compared to the consensus estimate of $655.14 million.

Horiba Stock Performance

HRIBF remained flat at $111.87 during trading on Friday. The company had a trading volume of 1 shares, compared to its average volume of 9. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.37 and a current ratio of 3.38. The firm has a market capitalization of $4.69 billion, a PE ratio of 19.12 and a beta of 0.25. Horiba has a 52-week low of $0.33 and a 52-week high of $111.87. The business’s 50 day moving average price is $105.37 and its 200 day moving average price is $87.31.

Horiba Company Profile

Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.

In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.