Mitsubishi UFJ Financial Group (NYSE:MUFG) Posts Earnings Results, Beats Estimates By $0.09 EPS

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09, Zacks reports. Mitsubishi UFJ Financial Group had a net margin of 13.89% and a return on equity of 8.86%.

Mitsubishi UFJ Financial Group Trading Down 0.9 %

NYSE MUFG opened at $12.50 on Tuesday. The company has a market capitalization of $150.79 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 1.12 and a beta of 0.61. Mitsubishi UFJ Financial Group has a one year low of $8.75 and a one year high of $12.96. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. The company’s 50-day simple moving average is $11.97 and its two-hundred day simple moving average is $11.09.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

Get Our Latest Research Report on Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group Company Profile

(Get Free Report)

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.

Further Reading

Earnings History for Mitsubishi UFJ Financial Group (NYSE:MUFG)

Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.