Hitachi: Q1 Earnings Insights

 

Hitachi HTHIY reported its Q1 earnings results on Friday, July 29, 2022 at 08:00 AM.

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

Earnings

Hitachi missed estimated earnings by 64.33%, reporting an EPS of $0.56 versus an estimate of $1.57.

Revenue was down $2.57 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 2.3% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.94 2.27 1.29 1.30
EPS Actual 1.78 2.14 3.68 2.28
Revenue Estimate 23.42B 20.82B 19.73B 19.76B
Revenue Actual 20.25B 20.73B 22.41B 21.33B

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.

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