HOYA (OTCMKTS:HOCPY) Updates FY 2024 Earnings Guidance

HOYA (OTCMKTS:HOCPY) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided earnings per share guidance of 3.698-3.698 for the period. The company issued revenue guidance of $5.6 billion-$5.6 billion. HOYA also updated its Q4 2024 guidance to EPS.

HOYA Stock Down 4.0 %

OTCMKTS:HOCPY opened at $128.60 on Tuesday. The firm’s 50-day moving average price is $130.46 and its 200-day moving average price is $132.61. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.04 and a quick ratio of 4.35. HOYA has a 1-year low of $108.12 and a 1-year high of $148.27. The company has a market capitalization of $44.80 billion, a PE ratio of 35.90, a P/E/G ratio of 2.59 and a beta of 0.82.

HOYA (OTCMKTS:HOCPY) last posted its quarterly earnings data on Thursday, February 6th. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.94. HOYA had a return on equity of 20.79% and a net margin of 23.45%. On average, equities analysts predict that HOYA will post 3.66 EPS for the current fiscal year.

About HOYA

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.