
<p>Analysts are projecting earnings of $2.50 per share for the fiscal year.</p><p>Revenue has dropped in the past two quarters. In the first quarter, revenue was 23% lower than the year-ago figure. In the quarter before that, revenue fell 37%.</p><p>While the company has been profitable for the last eight quarters, income has fallen year-over-year by an average of 27% over the past four quarters. The company weathered a blow in the fourth quarter when net income dropped 37%, marking the hardest-hit quarter.</p><p>The majority of analysts (100%) rate Canon as a buy. This compares favorably to the analyst ratings of its nearest four competitors, which average 30% buys. All two analysts rate Canon as a buy.</p><p><a href="http://www.forbes.com/sites/narrativescience/2013/07/22/forbes-earnings-preview-canon-caj/">Keep reading...</a></p>