Daiwa Securities Group (OTCMKTS:DSEEY) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Daiwa Securities Group (OTCMKTS:DSEEY) released its quarterly earnings data on Monday. The financial services provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01, Zacks reports. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.46%. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $1.34 billion.

Daiwa Securities Group Trading Down 0.9%

Shares of DSEEY opened at $11.34 on Wednesday. The stock has a fifty day moving average price of $10.50 and a two-hundred day moving average price of $10.00. The company has a market cap of $16.05 billion, a price-to-earnings ratio of 13.66 and a beta of 0.49. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. Daiwa Securities Group has a 52-week low of $7.11 and a 52-week high of $12.01.

About Daiwa Securities Group

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.