Trend Micro Incorporated (OTCMKTS:TMICY – Get Rating) – Equities researchers at Jefferies Financial Group decreased their FY2023 earnings per share estimates for Trend Micro in a note issued to investors on Tuesday, March 14th. Jefferies Financial Group analyst H. Sato now expects that the technology company will post earnings per share of $1.40 for the year, down from their prior forecast of $1.58. The consensus estimate for Trend Micro’s current full-year earnings is $1.48 per share. Jefferies Financial Group also issued estimates for Trend Micro’s FY2024 earnings at $1.60 EPS and FY2025 earnings at $1.75 EPS.
Trend Micro (OTCMKTS:TMICY – Get Rating) last posted its quarterly earnings results on Thursday, February 16th. The technology company reported $0.05 earnings per share for the quarter. Trend Micro had a net margin of 13.52% and a return on equity of 10.15%. The business had revenue of $437.42 million during the quarter, compared to the consensus estimate of $452.79 million.
Trend Micro Price Performance
Shares of Trend Micro stock opened at $47.68 on Thursday. Trend Micro has a one year low of $44.50 and a one year high of $68.14. The business’s 50 day simple moving average is $47.54 and its two-hundred day simple moving average is $50.18. The stock has a market capitalization of $6.71 billion, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 2.27 and a beta of 0.51.
Trend Micro Company Profile
Trend Micro, Inc is engaged in the development and sale of security-related products and services for computers and the Internet. It operates through the following geographical segments: Japan, North America, Europe, Asia Pacific, and Central and Latin America. The company enterprises the data security and cyber security solutions for businesses, data centers, cloud environments, networks and others.
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