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Kawasaki Heavy Industries (OTCMKTS:KWHIY) Releases Earnings Results, Misses Expectations By $0.26 EPS

Kawasaki Heavy Industries logo with Industrials background

Key Points

  • Kawasaki Heavy Industries reported $0.07 EPS for the quarter, missing analysts' expectations of $0.33 EPS by $0.26.
  • The company's revenue was $3.31 billion, significantly lower than the consensus estimate of $460 billion.
  • Following the earnings report, Kawasaki Heavy Industries' stock price dropped 1.1% to $29.84, with a market capitalization of $12.50 billion.
  • Looking to Export and Analyze Kawasaki Heavy Industries Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.26), Zacks reports. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 11.01%. The business had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $460 billion.

Kawasaki Heavy Industries Trading Down 1.1%

Shares of OTCMKTS:KWHIY traded down $0.34 during trading on Friday, reaching $29.84. The company's stock had a trading volume of 11,619 shares, compared to its average volume of 16,877. The company has a current ratio of 1.10, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50. Kawasaki Heavy Industries has a 12 month low of $11.17 and a 12 month high of $33.73. The stock has a market capitalization of $12.50 billion, a PE ratio of 24.66 and a beta of 0.87. The firm's 50 day simple moving average is $29.06 and its two-hundred day simple moving average is $24.62.

Wall Street Analyst Weigh In

Separately, CLSA raised Kawasaki Heavy Industries to a "hold" rating in a report on Thursday, June 19th.

Check Out Our Latest Report on KWHIY

Kawasaki Heavy Industries Company Profile

(Get Free Report)

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.

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Earnings History for Kawasaki Heavy Industries (OTCMKTS:KWHIY)

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