Free Trial

Daiwa Securities Group (OTCMKTS:DSEEY) Announces Earnings Results, Misses Expectations By $0.02 EPS

Daiwa Securities Group logo with Finance background

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) issued its quarterly earnings data on Monday. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02), Zacks reports. Daiwa Securities Group had a return on equity of 8.92% and a net margin of 11.77%. The business had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.12 billion.

Daiwa Securities Group Stock Performance

Shares of OTCMKTS DSEEY traded up $0.22 during midday trading on Tuesday, reaching $6.70. 26,564 shares of the company were exchanged, compared to its average volume of 7,767. Daiwa Securities Group has a 1 year low of $5.52 and a 1 year high of $8.49. The stock has a fifty day simple moving average of $6.67 and a 200 day simple moving average of $6.70. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.74. The stock has a market cap of $9.41 billion, a P/E ratio of 8.81 and a beta of 0.55.

Daiwa Securities Group Company Profile

(Get Free Report)

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.

See Also

Earnings History for Daiwa Securities Group (OTCMKTS:DSEEY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Daiwa Securities Group Right Now?

Before you consider Daiwa Securities Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daiwa Securities Group wasn't on the list.

While Daiwa Securities Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines