Recap: Canon Q2 Earnings

Recap: Canon Q2 Earnings

 

Canon CAJ reported its Q2 earnings results on Tuesday, July 26, 2022 at 01:00 AM.

Here's what investors need to know about the announcement.

Earnings

Canon missed estimated earnings by 18.0%, reporting an EPS of $0.41 versus an estimate of $0.5.

Revenue was down $654.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 0.09% increase in the share price the next day.

Here's a look at Canon's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.44 0.40 0.44 0.41
EPS Actual 0.36 0.47 0.42 0.53
Revenue Estimate 7.45B 9.04B 8.18B 8.01B
Revenue Actual 7.21B 7.71B 7.44B 7.95B

To track all earnings releases for Canon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews