Canon (NYSE:CAJ) reported its Q1 earnings results on Tuesday, April 26, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
Earnings
Canon missed estimated earnings by 18.18%, reporting an EPS of $0.36 versus an estimate of $0.44.
Revenue was down $383.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.3% drop in the share price the next day.
Here's a look at Canon's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.44 | 0.41 | 0.27 |
| EPS Actual | 0.47 | 0.42 | 0.53 | 0.38 |
| Revenue Estimate | 9.04B | 8.18B | 8.01B | 7.79B |
| Revenue Actual | 7.71B | 7.44B | 7.95B | 7.59B |
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.
