Investing.com - Japan Aviation Electronics Ltd reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Japan Aviation Electronics Ltd announced earnings per share of ¥53.5 on revenue of ¥65.8. Analysts polled by Investing.com anticipated EPS of ¥34.6 on revenue of ¥66.18B.
Japan Aviation Electronics Ltd shares are down 16.97% from the beginning of the year and are trading at ¥2,160.0 , down-from-52-week-high.
Japan Aviation Electronics Ltd follows other major Information Technology sector earnings this month
Japan Aviation Electronics Ltd's report follows an earnings missed by Canon on Wednesday, who reported EPS of ¥51.34 on revenue of ¥996.1B, compared to forecasts EPS of ¥63.66 on revenue of ¥1,014.94B.
Obic Co Ltd had beat expectations on Tuesday with second quarter EPS of ¥132.77 on revenue of ¥24.97B, compared to forecast for EPS of ¥130.72 on revenue of ¥24.77B.
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