Mitsubishi Electric (MIELY) to Release Earnings on Friday

Mitsubishi Electric (OTCMKTS:MIELY) will likely be announcing its earnings results before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $1,438.49 billion for the quarter.

Mitsubishi Electric Stock Performance

Shares of MIELY stock opened at $36.15 on Friday. The firm’s 50-day moving average is $34.91 and its 200-day moving average is $33.97. The stock has a market cap of $38.20 billion, a price-to-earnings ratio of 19.23 and a beta of 0.53. Mitsubishi Electric has a 52-week low of $25.27 and a 52-week high of $41.79.

Mitsubishi Electric Company Profile

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.