Kubota (OTCMKTS:KUBTY – Get Free Report) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.270-1.270 for the period. The company issued revenue guidance of $19.8 billion-$19.8 billion.
Kubota Stock Up 0.7 %
Shares of Kubota stock opened at $66.95 on Friday. Kubota has a 1-year low of $59.47 and a 1-year high of $85.00. The business has a 50-day moving average of $69.16 and a 200-day moving average of $71.12. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.73 and a quick ratio of 1.31. The company has a market capitalization of $15.77 billion, a PE ratio of 8.97, a P/E/G ratio of 4.99 and a beta of 0.97.
Kubota (OTCMKTS:KUBTY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.83. The firm had revenue of $5.16 billion for the quarter. Kubota had a net margin of 8.43% and a return on equity of 10.10%. As a group, equities analysts forecast that Kubota will post 7.02 EPS for the current fiscal year.
Kubota Company Profile
Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.
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