Kawasaki Heavy Industries (OTCMKTS:KWHIY) Announces Earnings Results, Beats Expectations By $0.06 EPS

Kawasaki Heavy Industries (OTCMKTS:KWHIY) announced its earnings results on Friday. The industrial products company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06, Zacks reports. Kawasaki Heavy Industries had a return on equity of 12.40% and a net margin of 4.09%. The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $5.09 billion.

Kawasaki Heavy Industries Stock Down 4.4 %

OTCMKTS:KWHIY opened at $22.62 on Friday. The stock’s fifty day moving average price is $23.07 and its two-hundred day moving average price is $19.56. The company has a market cap of $9.47 billion, a price-to-earnings ratio of 17.14 and a beta of 0.75. Kawasaki Heavy Industries has a 52-week low of $10.30 and a 52-week high of $27.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.60 and a current ratio of 1.08.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.