Daiwa Securities Group (OTCMKTS:DSEEY) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• Daiwa Securities Group reported quarterly EPS of $0.20, beating the consensus $0.18 by $0.02; the company posted a return on equity of 7.01% and a net margin of 10.93%.
• Shares opened at $9.50 with a one-year range of $6.16–$11.24, a market cap of $13.44 billion and a P/E of 12.84, while the 50- and 200-day moving averages are $9.74 and $9.13 respectively.
• Daiwa is a Tokyo-based financial services holding company (founded 1902) that operates retail brokerage, investment banking and asset management businesses for individual and institutional clients.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) announced its earnings results on Monday. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02, Zacks reports. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.

Daiwa Securities Group Stock Performance

Shares of Daiwa Securities Group stock opened at $9.50 on Monday. Daiwa Securities Group has a 1 year low of $6.16 and a 1 year high of $11.24. The firm has a market cap of $13.44 billion, a PE ratio of 12.84 and a beta of 0.54. The stock has a fifty day moving average price of $9.74 and a 200-day moving average price of $9.13. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10.

About Daiwa Securities Group

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group's core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.

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