Investing.com - Kyudenko Corp reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kyudenko Corp announced earnings per share of ¥123.7 on revenue of ¥99.4. Analysts polled by Investing.com anticipated EPS of ¥69.1 on revenue of ¥92.61B.
Kyudenko Corp shares are down 16.97% from the beginning of the year and are trading at ¥3,165.0 , down-from-52-week-high.
Kyudenko Corp follows other major Industrials sector earnings this month
Kyudenko Corp's report follows an earnings beat by Nidec Corp on Monday, who reported EPS of ¥78.88 on revenue of ¥590.4B, compared to forecasts EPS of ¥71.45 on revenue of ¥560.34B.
Yaskawa Electric Corp. had beat expectations on Friday, October 7, 2022 with second quarter EPS of ¥50.97 on revenue of ¥143.22B, compared to forecast for EPS of ¥47.78 on revenue of ¥133.37B.
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