Obic (OBIIF) Projected to Post Earnings on Wednesday

Obic (OTCMKTS:OBIIF) is anticipated to post its resultson Wednesday, July 22nd. Analysts expect the company to post earnings of $0.3014 per share and revenue of $220.6340 million for the quarter.

Obic (OTCMKTS:OBIIF) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The firm had revenue of $221.03 million during the quarter, compared to analyst estimates of $217.38 million. Obic had a return on equity of 15.43% and a net margin of 55.67%. On average, analysts expect Obic to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Obic Stock Performance

Shares of OTCMKTS OBIIF opened at $21.11 on Wednesday. Obic has a fifty-two week low of $21.11 and a fifty-two week high of $28.52. The company has a market cap of $9.21 billion, a PE ratio of 18.52 and a beta of 0.68. The business has a 50-day simple moving average of $24.12 and a two-hundred day simple moving average of $26.26.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Obic to a “hold” rating in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Obic currently has an average rating of “Hold”.

About Obic

Obic (OTCMKTS:OBIIF) is a Tokyo‐based technology company founded in 1978 that specializes in the development and deployment of enterprise resource planning (ERP) software and related IT services. The company’s core offerings include integrated management systems for finance, production, distribution and human resources, which are delivered either through on‐premise installations or via cloud‐based platforms. Obic’s software suite is designed to help businesses streamline operations, improve data visibility and support decision‐making across various functional areas.

In addition to its ERP solutions, Obic provides a range of professional services such as system integration, consulting, customization and ongoing technical support.