Obic (OBIIF) Projected to Post Quarterly Earnings on Tuesday

by · The Markets Daily

Obic (OTCMKTS:OBIIF – Get Free Report) will likely be announcing its results after the market closes on Tuesday, October 27th. Analysts expect the company to post earnings of $0.2991 per share and revenue of $237.82 million for the quarter.

Obic (OTCMKTS:OBIIF – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $225.66 million during the quarter, compared to analysts’ expectations of $220.63 million. Obic had a net margin of 56.13% and a return on equity of 15.65%.

Obic Stock Performance

Shares of OBIIF opened at $36.00 on Tuesday. The stock has a fifty day moving average of $31.22 and a two-hundred day moving average of $26.75. The company has a market capitalization of $15.71 billion, a PE ratio of 31.03 and a beta of 0.69. Obic has a fifty-two week low of $21.11 and a fifty-two week high of $38.17.

About Obic

(Get Free Report)

Obic Co, Ltd. is a Japanese information technology company that provides business software and systems integration services. The company develops and supports enterprise systems designed to help organizations manage accounting, human resources, payroll, sales, production, inventory and other core administrative functions.

Obic’s principal software offering is the OBIC7 enterprise resource planning platform, which is tailored to the operational needs of businesses and other organizations.

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