Japan Tob (OTCMKTS:JAPAY) Issues Earnings Results, Beats Estimates By $0.07 EPS

Key Points

• Japan Tob reported quarterly earnings of $0.32 EPS, surpassing expectations by $0.07.
• The company achieved a revenue of $6.03 billion for the quarter, significantly higher than the anticipated $896.47 billion.
• Shares of OTCMKTS:JAPAY increased to $15.35, with a market capitalization of $54.51 billion.

Japan Tob (OTCMKTS:JAPAY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.07, Zacks reports. Japan Tob had a net margin of 14.55% and a return on equity of 12.21%. The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $896.47 billion.

Japan Tob Price Performance

Shares of Japan Tob stock traded up $0.33 on Wednesday, reaching $15.92. 1,184,136 shares of the stock were exchanged, compared to its average volume of 109,233. The firm's 50 day moving average is $14.82 and its 200-day moving average is $14.15. Japan Tob has a one year low of $11.91 and a one year high of $16.39. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.25 and a current ratio of 1.78. The firm has a market cap of $56.53 billion, a PE ratio of 17.49 and a beta of 0.36.

Japan Tob Company Profile

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.