West Japan Railway (OTCMKTS:WJRYY) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPS

West Japan Railway (OTCMKTS:WJRYY) posted its quarterly earnings results on Thursday. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03, Zacks reports. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%.

West Japan Railway Price Performance

WJRYY stock traded up $1.11 on Thursday, reaching $20.95. 13,039 shares of the company’s stock were exchanged, compared to its average volume of 10,825. The stock has a fifty day moving average of $19.09 and a 200-day moving average of $18.88. West Japan Railway has a twelve month low of $15.08 and a twelve month high of $23.85. The firm has a market cap of $9.54 billion, a PE ratio of 11.21 and a beta of 0.12. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered West Japan Railway from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 28th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, West Japan Railway presently has an average rating of “Hold”.

About West Japan Railway

West Japan Railway Company, also known as JR West, operates passenger railway services primarily across western Japan. Its network serves major urban and regional markets in the Kansai, Chugoku, Hokuriku, and other parts of western Honshu, connecting cities such as Osaka, Kyoto, Kobe, Hiroshima, and Kanazawa. The company operates conventional rail lines as well as high-speed Shinkansen services, including the Sanyo Shinkansen.

In addition to railway transportation, JR West provides related services such as station operations, bus transportation, and travel services.