Canon earnings, Revenue miss in Q3

  • Investing.com
Canon earnings, Revenue miss in Q3

Investing.com - Canon reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Canon announced earnings per share of ¥51.3 on revenue of ¥996.1. Analysts polled by Investing.com anticipated EPS of ¥63.7 on revenue of ¥1,014.94B.

Canon shares are down 11.7% from the beginning of the year and are trading at ¥3,136.0 , down-from-52-week-high.

Canon follows other major Information Technology sector earnings this month

Canon's report follows an earnings beat by Obic Co Ltd on Tuesday, who reported EPS of ¥132.77 on revenue of ¥24.97B, compared to forecasts EPS of ¥130.72 on revenue of ¥24.77B.

Disco Corp had beat expectations on Thursday, October 20, 2022 with second quarter EPS of ¥678.15 on revenue of ¥79.53B, compared to forecast for EPS of ¥630.37 on revenue of ¥77.41B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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