Investing.com - Canon ADR reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Canon ADR announced earnings per share of ¥0.4633 on revenue of ¥9.08B. Analysts polled by Investing.com anticipated EPS of ¥0.3603 on revenue of ¥8.78B.
Canon ADR shares are up 22.62% from the beginning of the year and are trading at ¥23.80 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Canon ADR follows other major Technology sector earnings this month
Canon ADR's report follows an earnings beat by Apple on Wednesday, who reported EPS of ¥1.68 on revenue of ¥111.44B, compared to forecasts EPS of ¥1.41 on revenue of ¥102.54B.
Microsoft had beat expectations on Tuesday with second quarter EPS of ¥2.03 on revenue of ¥43.08B, compared to forecast for EPS of ¥1.64 on revenue of ¥40.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar