West Japan Railway (OTCMKTS:WJRYY) Shares Up 7.8% on Earnings Beat

Key Points

• West Japan Railway stock rose 7.8%, reaching a trading price of $24.85, despite a significant drop in session volume.
• The company reported a quarterly EPS of $0.67 and has a projected annual EPS of 1.36, indicating potential growth.
• With a market cap of $10.66 billion and a PE ratio of 14.25, West Japan Railway shows a solid financial position with a debt-to-equity ratio of 1.01.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) rose 7.8% on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $24.85 and last traded at $24.85. Approximately 1,323 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 36,258 shares. The stock had previously closed at $23.05.

The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.10. West Japan Railway had a return on equity of 9.74% and a net margin of 7.25%. The firm had revenue of $2.90 billion during the quarter, compared to analysts' expectations of $2.95 billion.

West Japan Railway Stock Up 0.4%

The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.62 and a current ratio of 0.88. The firm's 50-day moving average is $22.22 and its two-hundred day moving average is $20.94. The stock has a market cap of $10.92 billion, a P/E ratio of 12.89 and a beta of 0.44.

West Japan Railway Company Profile

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.