Canon: Q1 Earnings Insights

Canon CAJ reported its Q1 earnings results on Tuesday, April 26, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Canon missed estimated earnings by 18.18%, reporting an EPS of $0.36 versus an estimate of $0.44.

Revenue was down $383.00 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 2.3% drop in the share price the next day.

Here's a look at Canon's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.40	0.44	0.41	0.27
EPS Actual	0.47	0.42	0.53	0.38
Revenue Estimate	9.04B	8.18B	8.01B	7.79B
Revenue Actual	7.71B	7.44B	7.95B	7.59B

To track all earnings releases for Canon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.