Kawasaki Heavy Industries (KWHIY) Expected to Release Earnings on Tuesday

Key Points

• Kawasaki Heavy Industries is expected to report earnings before the market opens Tuesday, November 10. Analysts forecast earnings of $0.0587 per share on $3.49 billion in revenue.
• In its previous quarter, the company reported $0.05 EPS, missing estimates of $0.07, while revenue of $3.44 billion exceeded expectations of $3.33 billion.
• The stock recently rose 0.7% to $5.41, but remains near its 12-month low; all three covering analysts rate it Hold.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) will likely be posting its results before the market opens on Tuesday, November 10th. Analysts expect the company to post earnings of $0.0587 per share and revenue of $3.49 billion for the quarter.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The industrial products company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.02). The business had revenue of $3.44 billion for the quarter, compared to analysts' expectations of $3.33 billion.

Kawasaki Heavy Industries Stock Up 0.7%

KWHIY stock traded up $0.04 during mid-day trading on Tuesday, hitting $5.41. 48,352 shares of the company were exchanged, compared to its average volume of 293,391. The company has a market capitalization of $11.85 billion, a PE ratio of 20.79 and a beta of 0.81. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.38. Kawasaki Heavy Industries has a twelve month low of $4.99 and a twelve month high of $9.73. The firm has a fifty day simple moving average of $5.94 and a 200 day simple moving average of $16.37.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein assumed coverage on Kawasaki Heavy Industries in a research note on Tuesday, September 15th. They set a "hold" rating on the stock. Three research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has an average rating of "Hold".

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with operations spanning transportation equipment, aerospace, energy and environmental systems, industrial machinery, and marine products. The company serves government, commercial, and industrial customers through a portfolio that includes ships, rail cars, aircraft and aerospace components, gas turbines, hydraulic equipment, industrial robots, and infrastructure systems.

Kawasaki is also associated with motorcycles and recreational products through its powersports business, which develops and sells motorcycles, all-terrain vehicles, utility vehicles, and related engines.

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