Suzuki Motor (SZKMY) Projected to Post Quarterly Earnings on Wednesday

Suzuki Motor (OTCMKTS:SZKMY) is projected to announce its earnings results on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.03 per share and revenue of $1,400.83 billion for the quarter. Suzuki Motor has set its FY 2024 guidance at 1.220-1.220 EPS.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Friday, November 8th. The company reported $1.44 earnings per share (EPS) for the quarter. The business had revenue of $9.39 billion for the quarter. On average, analysts expect Suzuki Motor to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Suzuki Motor Stock Performance

OTCMKTS SZKMY opened at $48.03 on Wednesday. The stock has a market capitalization of $23.59 billion, a price-to-earnings ratio of 13.60 and a beta of 1.14. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $44.92 and its two-hundred day moving average is $44.12. Suzuki Motor has a 12-month low of $34.20 and a 12-month high of $50.32.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded Suzuki Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th.

Suzuki Motor Company Profile

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.