SoftBank Group (OTCMKTS:SFTBY) Announces Earnings Results

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) announced its earnings results on Thursday. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.28 by $0.74, Zacks reports. SoftBank Group had a return on equity of 8.52% and a net margin of 16.35%. The company had revenue of $12.35 billion for the quarter, compared to analysts' expectations of $12.24 billion.Get SoftBank Group alerts:SoftBank Group Price PerformanceThis Fund Manager Says You Should Get Out of Tesla and Apple—NowOTCMKTS:SFTBY traded up $3.80 during mid-day trading on Friday, reaching $47.15. 898,141 shares of the company were exchanged, compared to its average volume of 722,604. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.89. The stock has a market cap of $138.62 billion, a PE ratio of 17.93 and a beta of 1.20. SoftBank Group has a 12 month low of $19.86 and a 12 month high of $47.40. The company has a fifty day moving average of $34.20 and a 200 day moving average of $29.64. SoftBank Group Company Profile (Get Free Report)SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.Recommended StoriesFive stocks we like better than SoftBank GroupHow to Use the MarketBeat Stock Screener Netflix Bulls vs. Bears: Who Wins This Pullback?Canadian Penny Stocks: Can They Make You Rich? Viasat: Why a Wall of Cash Has Shorts Running for CoverLow PE Growth Stocks: Unlocking Investment OpportunitiesDutch Bros Just Flipped the Script With a Massive Earnings Beat5 Stocks That Have Massive Upside According to AnalystsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in SoftBank Group Right Now?Before you consider SoftBank Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoftBank Group wasn't on the list.While SoftBank Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here