Kawasaki Heavy Industries (KWHIY) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Kawasaki Heavy Industries is expected to report **earnings of $0.33 per share** and revenue of **$460 billion** on August 5th, ahead of market opening.
• In the prior quarter, the company reported **$0.69 EPS**, exceeding analysts' estimates by **$0.06**, though revenue was slightly below expectations.
• Analysts at CLSA have recently upgraded the company's stock rating to a **"hold"** status.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) is projected to release its earnings data before the market opens on Tuesday, August 5th. Analysts expect Kawasaki Heavy Industries to post earnings of $0.33 per share and revenue of $460.00 billion for the quarter.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The industrial products company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.06. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $5.09 billion. Kawasaki Heavy Industries had a return on equity of 12.69% and a net margin of 4.11%.

Kawasaki Heavy Industries Stock Up 0.7%

KWHIY stock traded up $0.22 during mid-day trading on Friday, reaching $29.67. 20,697 shares of the company traded hands, compared to its average volume of 31,241. Kawasaki Heavy Industries has a fifty-two week low of $10.30 and a fifty-two week high of $33.73. The firm's 50 day moving average price is $28.60 and its 200 day moving average price is $24.03. The company has a quick ratio of 0.68, a current ratio of 1.10 and a debt-to-equity ratio of 0.50. The stock has a market cap of $12.42 billion, a price-to-earnings ratio of 21.50 and a beta of 0.83.

Analyst Ratings Changes

Separately, CLSA upgraded shares of Kawasaki Heavy Industries to a "hold" rating in a research report on Thursday, June 19th.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.