Cyrela Brazil Realty (OTCMKTS:CYRBY) Announces 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 results on Thursday. The company reported $0.19 earnings per share for the quarter, Zacks reports. The firm had revenue of $371.89 million for the quarter. Cyrela Brazil Realty had a return on equity of 17.84% and a net margin of 20.57%.

Cyrela Brazil Realty Stock Up 9.1%

OTCMKTS:CYRBY traded up $0.40 on Friday, hitting $4.80. 5,123 shares of the company's stock traded hands, compared to its average volume of 26,275. Cyrela Brazil Realty has a 1 year low of $2.61 and a 1 year high of $4.95. The company has a current ratio of 7.93, a quick ratio of 7.93 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $4.55 and a 200-day moving average price of $4.29. The company has a market cap of $1.84 billion, a PE ratio of 5.85 and a beta of 0.73.

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.

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