Infineon Technologies (OTCMKTS:IFNNY) announced its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02), Morningstar.com reports. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.08 billion. Infineon Technologies had a return on equity of 18.75% and a net margin of 11.55%.
Shares of Infineon Technologies (OTCMKTS:IFNNY) traded down $0.07 during trading on Thursday, reaching $27.49. 61,297 shares of the company’s stock traded hands, compared to its average volume of 226,478. The company has a market cap of $30,379.84, a price-to-earnings ratio of 33.57, a PEG ratio of 4.60 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.32 and a quick ratio of 1.73. Infineon Technologies has a 12-month low of $17.72 and a 12-month high of $31.15.
The business also recently announced a None dividend, which will be paid on Tuesday, March 6th. Investors of record on Monday, February 26th will be given a dividend of $0.283 per share. This represents a yield of 0.00963568266939053%. The ex-dividend date of this dividend is Friday, February 23rd. Infineon Technologies’s dividend payout ratio (DPR) is currently 26.83%.
IFNNY has been the topic of a number of research analyst reports. Goldman Sachs Group upgraded shares of Infineon Technologies from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. Zacks Investment Research cut shares of Infineon Technologies from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 18th.
TRADEMARK VIOLATION WARNING: “Infineon Technologies (IFNNY) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/15/infineon-technologies-ifnny-announces-quarterly-earnings-results.html.
Infineon Technologies Company Profile
Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications.
Receive News & Ratings for Infineon Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infineon Technologies and related companies with MarketBeat.com's FREE daily email newsletter.