Kirin (OTCMKTS:KNBWY) Announces Earnings Results

Key Points

• Kirin Holdings reported $0.24 earnings per share for the quarter, missing analysts' estimates of $0.28 by $0.04.
• The company's revenue for the quarter was $4.01 billion, significantly lower than the analyst estimate of $608.48 billion.
• Kirin's stock rose 5.1% following the earnings release, trading at $14.16 with a market capitalization of $11.47 billion.

Kirin (OTCMKTS:KNBWY - Get Free Report) posted its earnings results on Thursday. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04), Zacks reports. Kirin had a net margin of 2.30% and a return on equity of 3.74%. The business had revenue of $4.01 billion during the quarter, compared to analysts' expectations of $608.48 billion.

Kirin Trading Down 0.4%

OTCMKTS:KNBWY traded down $0.06 on Wednesday, reaching $14.39. The company's stock had a trading volume of 47,898 shares, compared to its average volume of 70,343. Kirin has a 12-month low of $12.25 and a 12-month high of $16.25. The company has a quick ratio of 0.72, a current ratio of 1.15 and a debt-to-equity ratio of 0.54. The firm has a market cap of $11.66 billion, a price-to-earnings ratio of 31.98 and a beta of 0.13. The stock has a 50 day moving average price of $13.89 and a 200 day moving average price of $13.98.

About Kirin

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.