Toray Industries (OTCMKTS:TRYIY) Releases FY 2024 Earnings Guidance

Toray Industries (OTCMKTS:TRYIY) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.390-0.390 for the period. The company issued revenue guidance of $18.5 billion-$18.5 billion.

Toray Industries Stock Performance

Shares of OTCMKTS:TRYIY traded down $0.14 during midday trading on Thursday, hitting $10.96. The stock had a trading volume of 30,214 shares, compared to its average volume of 42,189. The stock has a 50 day moving average price of $10.92 and a two-hundred day moving average price of $10.14. The company has a quick ratio of 1.14, a current ratio of 1.76 and a debt-to-equity ratio of 0.30. Toray Industries has a 1 year low of $8.74 and a 1 year high of $11.84.

Toray Industries (OTCMKTS:TRYIY) last announced its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $4.09 billion during the quarter. Toray Industries had a return on equity of 1.80% and a net margin of 1.35%.

Toray Industries Company Profile

Toray Industries, Inc, together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products.