Joy Global Inc (JOYG) will report earnings results for its second quarter on May 31, 2012 before opening of the market. Joy Global Inc. is involved in the servicing as well as manufacture of mining machines for the mining of oil sands, iron ore, copper, coal, and other minerals. The company functions in two sections, Surface Mining Equipment and Underground Mining Machinery.
Currently Joy Global is trading around $60.64. It has got a market cap of $6.42 billion. The company is having a 52 week range of $57.48 to $101.44. For the year 2012, the stock has -32.84% price performance. Following are the main financial ratios for the company:
Return On Equity (ROE) 37.13%
Return On Assets (ROA) 14.10%
Profit Margin 14.37%
Forward P/E 6.97
Current Ratio 1.81
It is expected that the second quarter revenues will be to the tune of $1.43 billion against $1.06 billion during the corresponding period of last year. For the second quarter earnings per share are predicted to be $1.95, higher from $1.52 per share in the same period during last year. Analysts forecast the average price target of $103.53.Previous Post » Swiss Hint at Capital Controls