DENSO Co. (OTCMKTS:DNZOY – Get Rating) – Equities researchers at Jefferies Financial Group cut their FY2024 earnings per share estimates for DENSO in a report issued on Tuesday, January 17th. Jefferies Financial Group analyst T. Nakanishi now anticipates that the company will post earnings of $2.28 per share for the year, down from their prior estimate of $2.41. The consensus estimate for DENSO’s current full-year earnings is $1.83 per share.
DENSO (OTCMKTS:DNZOY – Get Rating) last released its earnings results on Friday, October 28th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.17). The company had revenue of $11.63 billion during the quarter, compared to analyst estimates of $10.62 billion. DENSO had a net margin of 4.39% and a return on equity of 5.62%.
DENSO Trading Up 1.0 %
DENSO Company Profile
DENSO Corporation develops, manufactures, and sells automotive parts in Japan, Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including heat pump air-conditioning systems, refrigerant products, air-conditioning system heat exchangers, bus air-conditioning systems, automotive freezers, and cooling products, as well as heating, ventilation, and air-conditioning units.
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