Hitachi (OTC:HTHIY) reported its Q2 earnings results on Friday, October 28, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Hitachi beat estimated earnings by 22.29%, reporting an EPS of $1.92 versus an estimate of $1.57.
Revenue was down $3.81 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.01 which was followed by a 2.32% drop in the share price the next day.
Here’s a look at Hitachi’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.57 | 1.94 | 2.27 | 1.29 |
| EPS Actual | 0.56 | 1.78 | 2.14 | 3.68 |
| Revenue Estimate | 20.59B | 23.42B | 20.82B | 19.73B |
| Revenue Actual | 18.76B | 20.25B | 20.73B | 22.41B |
To track all earnings releases for Hitachi visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
