Kubota (OTCMKTS:KUBTY) Posts Earnings Results, Beats Estimates By $0.83 EPS

Kubota (OTCMKTS:KUBTY) posted its quarterly earnings data on Wednesday. The industrial products company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.83, Zacks reports. The firm had revenue of $5.16 billion during the quarter. Kubota had a net margin of 8.03% and a return on equity of 9.81%.

Kubota Trading Up 0.1 %

Shares of OTCMKTS:KUBTY traded up $0.08 during mid-day trading on Friday, reaching $66.50. 28,473 shares of the company were exchanged, compared to its average volume of 29,648. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.70 and a quick ratio of 1.28. The firm has a market cap of $15.66 billion, a price-to-earnings ratio of 9.34, a P/E/G ratio of 3.61 and a beta of 0.97. The firm’s 50-day simple moving average is $69.96 and its 200 day simple moving average is $74.36. Kubota has a 1 year low of $59.47 and a 1 year high of $85.00.

About Kubota

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.