West Japan Railway (OTCMKTS:WJRYY) Announces Quarterly Earnings Results

Key Points

• West Japan Railway reported earnings of $0.67 per share for the quarter, with a return on equity of 9.01% and a net margin of 6.66%.
• The stock closed at $24.85 after a $1.80 increase, with a market cap of $11.69 billion and a P/E ratio of 15.63.
• West Japan Railway operates in various segments including Mobility, Retail, Real Estate, and Travel, providing a range of transport and service solutions across Japan.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.10, Zacks reports. West Japan Railway had a net margin of 7.25% and a return on equity of 9.74%. The firm had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.95 billion.

West Japan Railway Stock Down 2.7%

West Japan Railway stock traded down $0.63 during midday trading on Thursday, hitting $22.90. 2,825 shares of the stock were exchanged, compared to its average volume of 13,716. West Japan Railway has a 52-week low of $16.32 and a 52-week high of $24.85. The stock has a market capitalization of $10.77 billion, a price-to-earnings ratio of 12.72 and a beta of 0.44. The business's 50-day moving average price is $22.16 and its 200-day moving average price is $20.84. The company has a quick ratio of 0.62, a current ratio of 0.88 and a debt-to-equity ratio of 1.01.

About West Japan Railway

West Japan Railway Company provides railway transport services in Japan. The company operates through Mobility, Retail, Real Estate, Travel and Regional Solutions, and Other segments. The Mobility segment provides passenger transportation, station operation and management, cleaning and maintenance, construction, machinery and equipment installation, rolling stock and other facility construction services, as well as engages in the railway operations and electric works.