Investing.com - Canon ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Canon ADR announced earnings per share of ¥0.4158 on revenue of ¥7.31B. Analysts polled by Investing.com anticipated EPS of ¥0.4617 on revenue of ¥7.28B.
Canon ADR shares are down 2.5% from the beginning of the year and are trading at ¥23.82 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Canon ADR follows other major Information Technology sector earnings this month
Canon ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, July 14, 2022, who reported EPS of ¥1.53 on revenue of ¥17.87B, compared to forecasts EPS of ¥1.44 on revenue of ¥17.68B.
ASML ADR had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of ¥3.62 on revenue of ¥5.55B, compared to forecast for EPS of ¥3.61 on revenue of ¥5.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar