Lenovo Group (OTCMKTS:LNVGY) Posts Quarterly Earnings Results, Beats Estimates By $0.47 EPS

Lenovo Group (OTCMKTS:LNVGY) released its quarterly earnings data on Wednesday. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.47, Zacks reports. The company had revenue of $18.80 billion for the quarter, compared to analysts’ expectations of $17.85 billion. Lenovo Group had a net margin of 1.89% and a return on equity of 19.49%.

Lenovo Group Stock Down 3.4 %

OTCMKTS:LNVGY traded down $1.08 on Friday, hitting $30.91. The stock had a trading volume of 60,099 shares, compared to its average volume of 146,432. The company has a quick ratio of 0.58, a current ratio of 0.86 and a debt-to-equity ratio of 0.43. Lenovo Group has a 52 week low of $20.56 and a 52 week high of $33.57. The business’s fifty day moving average is $26.15 and its 200 day moving average is $25.68. The company has a market cap of $19.17 billion, a PE ratio of 16.62, a P/E/G ratio of 0.70 and a beta of 0.75.

Lenovo Group Company Profile

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.