Mitsubishi Estate (OTCMKTS:MITEY) Updates FY 2025 Earnings Guidance

Key Points

• Mitsubishi Estate has updated its FY 2025 earnings guidance, projecting earnings per share (EPS) of 1.110 and revenue of $12.8 billion.
• CLSA has upgraded Mitsubishi Estate to a "strong-buy" rating, indicating positive sentiment among Wall Street analysts.
• The company's recent quarterly earnings report revealed an EPS of $0.26, which was below the consensus estimate of $0.36, despite revenue of $3.59 billion slightly exceeding expectations.

Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.110-1.110 for the period. The company issued revenue guidance of $12.8 billion-$12.8 billion.

Analysts Set New Price Targets

Separately, CLSA upgraded Mitsubishi Estate to a "strong-buy" rating in a research report on Tuesday, May 27th.

Mitsubishi Estate Stock Down 1.3%

Shares of MITEY traded down $0.26 during trading hours on Monday, hitting $20.45. The company had a trading volume of 974 shares, compared to its average volume of 60,360. Mitsubishi Estate has a one year low of $12.78 and a one year high of $21.52. The company's fifty day moving average price is $18.81 and its two-hundred day moving average price is $17.06. The company has a current ratio of 2.33, a quick ratio of 1.69 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $25.58 billion, a PE ratio of 19.66 and a beta of 0.23.

Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. Mitsubishi Estate had a return on equity of 5.48% and a net margin of 12.09%. The company had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.70 billion.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.