Daikin Industries (OTCMKTS:DKILY) Issues Earnings Results

Daikin Industries (OTCMKTS:DKILY) announced its quarterly earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01, Zacks reports. Daikin Industries had a net margin of 5.24% and a return on equity of 8.73%.

Daikin Industries Stock Performance

Shares of DKILY stock traded up $0.46 during trading hours on Thursday, reaching $13.75. The stock had a trading volume of 216,358 shares, compared to its average volume of 156,771. The firm has a market capitalization of $40.31 billion, a PE ratio of 22.55, a price-to-earnings-growth ratio of 1.47 and a beta of 0.88. The firm has a 50-day simple moving average of $13.29 and a 200-day simple moving average of $13.57. Daikin Industries has a twelve month low of $11.00 and a twelve month high of $16.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.62 and a quick ratio of 1.05.

About Daikin Industries

Daikin Industries, Ltd. is a Japan-based manufacturer specializing in heating, ventilation, air conditioning and refrigeration systems. The company offers residential, commercial and industrial air-conditioning equipment, heat pumps, chillers, refrigeration systems, air purifiers and related controls and services.

Daikin also operates a chemicals business that produces fluorinated materials and other specialty chemical products used in applications such as automotive components, electronics, industrial equipment and energy-related products.