Investing.com - Marumae reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marumae announced earnings per share of ¥45.0 on revenue of ¥2.49B. Analysts polled by Investing.com anticipated EPS of ¥37.8 on revenue of ¥2.26B.
Marumae shares are down 40.35% from the beginning of the year and are trading at ¥1,867.0 , down-from-52-week-high.
Marumae follows other major Industrials sector earnings this month
Marumae's report follows an earnings beat by Yaskawa Electric Corp. on Friday, who reported EPS of ¥50.97 on revenue of ¥143.22B, compared to forecasts EPS of ¥47.78 on revenue of ¥131.76B.
Park24 Co Ltd had beat expectations on Wednesday, September 14, 2022 with third quarter EPS of ¥17.75 on revenue of ¥75.14B, compared to forecast for EPS of ¥13.76 on revenue of ¥70.45B.
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