China Construction Bank (OTCMKTS:CICHY) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

China Construction Bank (OTCMKTS:CICHY) announced its quarterly earnings data on Friday. The company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02), Zacks reports. China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%. The business had revenue of $22.57 billion for the quarter, compared to the consensus estimate of $188.14 billion.

China Construction Bank Stock Down 1.0 %

Shares of OTCMKTS:CICHY traded down $0.18 during trading on Friday, hitting $17.19. 21,320 shares of the company traded hands, compared to its average volume of 65,935. The business’s fifty day moving average is $16.90 and its 200-day moving average is $15.95. The stock has a market capitalization of $214.88 billion, a price-to-earnings ratio of 4.74 and a beta of 0.09. China Construction Bank has a one year low of $12.07 and a one year high of $18.59.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.