Oriental Land (OTCMKTS:OLCLY – Get Free Report) issued its earnings results on Thursday. The company reported $0.08 EPS for the quarter, Zacks reports. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1 billion. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%.
Oriental Land Price Performance
Shares of Oriental Land stock remained flat at $21.22 during trading hours on Friday. The stock had a trading volume of 13,845 shares, compared to its average volume of 19,636. The stock has a market capitalization of $34.79 billion, a PE ratio of 39.30 and a beta of 0.51. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.77 and a quick ratio of 3.62. Oriental Land has a 1 year low of $12.94 and a 1 year high of $22.73. The stock’s 50-day moving average is $19.52 and its two-hundred day moving average is $17.21.
About Oriental Land
Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.
The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.
Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.
See Also
- Five stocks we like better than Oriental Land
- Advanced Micro Devices’ Meta Platforms Partnership Goes Beyond a $1 Billion Investment
- Chipotle’s $32 Floor: Is a Major Stock Rebound Coming?
- SaaS-Pocalypse II: Is ServiceNow’s Sell-Off Another Buying Opportunity?
- Robinhood Stock Is Down Nearly 37%—So Why Is Wall Street Still So Bullish?
Receive News & Ratings for Oriental Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oriental Land and related companies with MarketBeat.com's FREE daily email newsletter.
