Mitsubishi Electric Q1 EPS $0.40 Up From $0.24 YoY, Sales $8.89B Up From $8.24B YoY
Portfolio Pulse from Benzinga Newsdesk
Mitsubishi Electric (OTC:MIELY) reported Q1 earnings of $0.40 per share, a 66.25% increase YoY. The company also reported $8.89 billion in sales, a 7.84% increase YoY.
July 31, 2023 | 7:15 am
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Mitsubishi Electric reported a significant increase in Q1 earnings and sales YoY.
The reported increase in earnings and sales indicates a strong financial performance by Mitsubishi Electric. This is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100