Kawasaki Heavy Industries (OTCMKTS:KWHIY) Issues Earnings Results, Misses Estimates By $0.01 EPS

Kawasaki Heavy Industries (OTCMKTS:KWHIY) released its quarterly earnings data on Tuesday. The industrial products company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01), reports. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.45 billion.

Kawasaki Heavy Industries Stock Up 0.8%

Shares of KWHIY opened at $5.01 on Thursday. The firm has a market cap of $10.98 billion, a P/E ratio of 14.36 and a beta of 0.95. Kawasaki Heavy Industries has a 12-month low of $4.87 and a 12-month high of $9.73. The company’s 50-day moving average price is $5.76 and its 200 day moving average price is $15.33. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.38.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein started coverage on shares of Kawasaki Heavy Industries in a report on Tuesday, September 15th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with roots in shipbuilding. Founded by Shozo Kawasaki in 1896, the company has expanded into a range of transportation, machinery, and energy-related businesses. Its products and services include aircraft and aircraft engines, helicopters, railway vehicles, ships and marine equipment, gas turbines and other energy systems, industrial robots, and hydraulic machinery. The company also makes motorcycles, personal watercraft, all-terrain vehicles, and general-purpose engines.