Daiwa House Industry (OTCMKTS:DWAHY) Releases Earnings Results, Beats Expectations By $0.03 EPS

Key Points

• Daiwa House Industry reported quarterly earnings of $0.84 EPS, beating expectations by $0.03 compared to the consensus estimate of $0.81.
• The company's revenue for the quarter was $8.76 billion, which fell short of the expected $8.93 billion.
• Daiwa House Industry's stock opened at $34.78, with a market cap of $22.94 billion and a P/E ratio of 10.32.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.03, Zacks reports. The business had revenue of $8.76 billion during the quarter, compared to analysts' expectations of $8.93 billion.

Daiwa House Industry Price Performance

Shares of Daiwa House Industry stock traded up $0.22 during trading on Tuesday, hitting $36.18. The stock had a trading volume of 3,127 shares, compared to its average volume of 23,825. The firm's fifty day simple moving average is $33.86 and its 200-day simple moving average is $33.85. The stock has a market cap of $23.86 billion, a PE ratio of 10.96 and a beta of 0.52. Daiwa House Industry has a 12 month low of $27.95 and a 12 month high of $37.98.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.