JFE (JFEEF) Projected to Post Earnings on Friday

JFE (OTCMKTS:JFEEF) is anticipated to post its results after the market closes on Friday, November 6th. Analysts expect JFE to announce earnings of $0.3177 per share and revenue of $7.59 billion for the quarter.

JFE (OTCMKTS:JFEEF) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. The business had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.19 billion. JFE had a return on equity of 3.53% and a net margin of 2.05%.

JFE Price Performance

OTCMKTS:JFEEF opened at $11.55 on Thursday. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 12.97 and a beta of 0.24. JFE has a 1-year low of $9.45 and a 1-year high of $15.00. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 0.57. The business’s fifty day moving average price is $11.62 and its 200 day moving average price is $11.70.

About JFE

JFE Holdings, Inc is a Japanese holding company that oversees the JFE Group, a diversified industrial group best known for its steel operations. Through its subsidiaries, the group produces a broad range of steel products, including sheets, plates, bars, structural steel and other materials used in automobiles, construction, machinery, energy infrastructure and shipbuilding.

The group also operates engineering and infrastructure businesses. These activities include the design and construction of industrial facilities, environmental and waste-treatment systems, energy-related infrastructure, bridges and other public works.