Mitsubishi Estate (MITEY) to Release Quarterly Earnings on Wednesday

Mitsubishi Estate (OTCMKTS:MITEY) is expected to be posting its resultson Wednesday, May 13th. Analysts expect Mitsubishi Estate to post earnings of $0.3810 per share and revenue of $4.1794 billion for the quarter. Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS.

Mitsubishi Estate (OTCMKTS:MITEY) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.31. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.04 billion. Mitsubishi Estate had a return on equity of 5.62% and a net margin of 13.66%.

Mitsubishi Estate Stock Up 1.1%

Shares of MITEY opened at $27.96 on Wednesday. The company has a market cap of $34.03 billion, a PE ratio of 21.84 and a beta of 0.16. The business has a fifty day moving average of $29.54 and a 200 day moving average of $26.34. Mitsubishi Estate has a 52-week low of $16.74 and a 52-week high of $35.17. The company has a quick ratio of 1.39, a current ratio of 1.97 and a debt-to-equity ratio of 1.26.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.