Cyrela Brazil Realty (OTCMKTS:CYRBY) Posts Quarterly Earnings Results

Key Points

• Cyrela Brazil Realty reported earnings of $0.19 per share and quarterly revenue of $371.89 million, boasting a return on equity of 17.84% and a net margin of 20.57%.
• The company's stock increased by 9.1%, reaching $4.80, following the announcement of earnings.
• Cyrela Brazil Realty, founded in 1962, develops residential properties in Brazil and provides various real estate services.

Cyrela Brazil Realty (OTCMKTS:CYRBY - Get Free Report) issued its quarterly earnings data on Thursday, August 14th. The company reported $0.19 earnings per share (EPS) for the quarter, Zacks reports. Cyrela Brazil Realty had a net margin of 19.65% and a return on equity of 16.95%. The firm had revenue of $371.89 million during the quarter.

Cyrela Brazil Realty Stock Performance

Shares of CYRBY stock traded down $0.0990 during mid-day trading on Thursday, reaching $4.40. 6,484 shares of the company's stock traded hands, compared to its average volume of 11,077. The firm has a market capitalization of $1.69 billion, a PE ratio of 5.50 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 7.93 and a current ratio of 7.93. The firm has a 50 day moving average price of $4.55 and a two-hundred day moving average price of $4.31. Cyrela Brazil Realty has a 12 month low of $2.61 and a 12 month high of $4.95.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações develops and constructs residential properties in Brazil. It also provides real estate services, such as construction management and technical consultancy services. The company was founded in 1962 and is headquartered in São Paulo, Brazil.