JFE (OTCMKTS:JFEEF) Releases Quarterly Earnings Results, Misses Expectations By $0.30 EPS

JFE (OTCMKTS:JFEEF - Get Free Report) released its quarterly earnings data on Friday. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.30), Zacks reports. JFE had a return on equity of 2.03% and a net margin of 1.15%.JFE Price PerformanceShares of OTCMKTS JFEEF remained flat at $10.85 during trading on Friday. 19,200 shares of the stock were exchanged, compared to its average volume of 857. The firm's 50-day moving average price is $12.27 and its 200 day moving average price is $12.60. JFE has a 12-month low of $10.14 and a 12-month high of $15.00. The stock has a market capitalization of $2.01 billion, a PE ratio of 20.75 and a beta of 0.23. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.71 and a quick ratio of 0.89. About JFE (Get Free Report)JFE Holdings, Inc OTCMKTS: JFEEF is a Tokyo‐based steel and engineering conglomerate that ranks among the largest industrial groups in Japan. The company operates primarily through two main segments: JFE Steel, which manufactures a broad range of steel products including flat‐rolled steel, long steel products and plates, and JFE Engineering, which provides environmental and resource treatment facilities as well as infrastructure systems. Serving key industries such as automotive, construction, shipbuilding and energy, JFE Holdings combines advanced steelmaking expertise with engineering services to support a wide array of global customers. Formed in September 2002 through the merger of NKK Corporation and Kawasaki Steel Corporation, JFE Holdings built on a legacy of technical innovation spanning more than a century.Featured ArticlesFive stocks we like better than JFEThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in JFE Right Now?Before you consider JFE, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JFE wasn't on the list.While JFE currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here