Q4 2019 EPS Estimates for OMRON Corp (OMRNY) Decreased by Analyst

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OMRON Corp (OTCMKTS:OMRNY) – Research analysts at Jefferies Financial Group decreased their Q4 2019 earnings per share (EPS) estimates for OMRON in a research report issued on Monday, December 17th. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will earn $0.56 per share for the quarter, down from their prior forecast of $0.76. Jefferies Financial Group also issued estimates for OMRON’s FY2020 earnings at $2.48 EPS and FY2021 earnings at $2.72 EPS.

OMRON stock opened at $38.06 on Wednesday. OMRON has a 52-week low of $37.32 and a 52-week high of $69.69.

An institutional investor recently raised its position in OMRON stock. Mitchell Capital Management Co. lifted its position in OMRON Corp (OTCMKTS:OMRNY) by 40.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,595 shares of the company’s stock after purchasing an additional 2,480 shares during the quarter. Mitchell Capital Management Co.’s holdings in OMRON were worth $400,000 at the end of the most recent reporting period.

OMRON Company Profile

OMRON Corporation manufactures and sells automation components, equipment, and systems worldwide. The company's Industrial Automation Business offers programmable and motion controllers, sensing and safety devices, inspection systems, industrial robots, precision laser processing equipment, and control devices for manufacturing industry.

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Earnings History and Estimates for OMRON (OTCMKTS:OMRNY)

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