Mitsubishi Electric (MIELY) Projected to Post Earnings on Monday

Mitsubishi Electric (OTCMKTS:MIELY) is expected to be issuing its quarterly earnings data before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $8.34 billion for the quarter.

Mitsubishi Electric Price Performance

Shares of MIELY opened at $31.70 on Friday. Mitsubishi Electric has a one year low of $25.27 and a one year high of $38.48. The company has a 50-day moving average of $33.06 and a two-hundred day moving average of $32.83. The stock has a market cap of $33.49 billion, a price-to-earnings ratio of 16.86 and a beta of 0.61.

About Mitsubishi Electric

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.