Murata Manufacturing (OTCMKTS:MRAAY) Releases FY 2024 Earnings Guidance

Murata Manufacturing (OTCMKTS:MRAAYGet Free Report) updated its FY 2024 earnings guidance on Friday. The company provided EPS guidance of 0.840-0.840 for the period. The company issued revenue guidance of $11.4 billion-$11.4 billion.

Murata Manufacturing Price Performance

Shares of OTCMKTS:MRAAY opened at $8.75 on Friday. The company has a market capitalization of $33.06 billion, a price-to-earnings ratio of 25.43 and a beta of 0.83. The firm’s 50 day simple moving average is $9.60 and its 200 day simple moving average is $9.83. Murata Manufacturing has a fifty-two week low of $8.49 and a fifty-two week high of $12.00.

Murata Manufacturing (OTCMKTS:MRAAYGet Free Report) last posted its earnings results on Tuesday, July 30th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Murata Manufacturing had a net margin of 11.62% and a return on equity of 7.72%. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.63 billion. Equities research analysts expect that Murata Manufacturing will post 0.52 earnings per share for the current year.

Murata Manufacturing Company Profile

(Get Free Report)

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.

Read More

Receive News & Ratings for Murata Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murata Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.