Nippon Steel & Sumitomo Metal (NPSCY) to Announce Earnings on Tuesday

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) is projected to issue its resultson Tuesday, August 4th. Analysts expect the company to announce earnings of $0.0955 per share and revenue of $16.3521 billion for the quarter.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $17.89 billion for the quarter, compared to the consensus estimate of $18.20 billion.

Nippon Steel & Sumitomo Metal Stock Up 3.1%

NPSCY stock opened at $3.95 on Tuesday. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of -32.92 and a beta of 0.68. Nippon Steel & Sumitomo Metal has a 1-year low of $3.32 and a 1-year high of $4.79. The firm has a fifty day moving average price of $3.53 and a two-hundred day moving average price of $3.80. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.78 and a quick ratio of 0.85.

About Nippon Steel & Sumitomo Metal

Nippon Steel & Sumitomo Metal Corporation is a major Japanese steel producer formed in 2012 through the merger of Nippon Steel and Sumitomo Metal. Headquartered in Tokyo, the company operates integrated steelmaking and rolling facilities and is widely recognized as one of the largest steel manufacturers in Japan and among the leading producers globally. Its business scope spans primary steel production, downstream processing, and a range of steel-related engineering and service activities.

The company’s product offering includes a broad portfolio of steel products such as hot- and cold-rolled flat products, plates, pipes and tubes, coated steels, stainless and specialty steels, and high-strength steels tailored for automotive, machinery, construction, energy and infrastructure applications.