TDK (OTCMKTS:TTDKY) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

TDK (OTCMKTS:TTDKY) announced its quarterly earnings results on Monday. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.06), Zacks reports. TDK had a net margin of 7.65% and a return on equity of 9.08%. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $506.51 billion.

TDK Price Performance

TDK stock opened at $9.90 on Tuesday. The business has a 50-day moving average of $10.24 and a 200-day moving average of $11.69. The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $19.24 billion, a P/E ratio of 17.37, a PEG ratio of 0.79 and a beta of 0.74. TDK has a 1 year low of $8.10 and a 1 year high of $14.37.

About TDK

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.