Cyrela Brazil Realty (OTCMKTS:CYRBY) Issues Quarterly Earnings Results

Cyrela Brazil Realty (OTCMKTS:CYRBY) posted its quarterly earnings results on Thursday. The company reported $0.29 EPS for the quarter, Zacks reports. Cyrela Brazil Realty had a return on equity of 17.20% and a net margin of 21.07%.The company had revenue of $599.00 million during the quarter.

Cyrela Brazil Realty Trading Down 6.0%

Shares of OTCMKTS CYRBY traded down $0.31 during trading on Friday, hitting $4.84. 25,896 shares of the company traded hands, compared to its average volume of 7,630. Cyrela Brazil Realty has a 1 year low of $3.74 and a 1 year high of $7.92. The company has a 50-day moving average price of $5.87 and a 200-day moving average price of $5.79. The firm has a market capitalization of $1.86 billion, a P/E ratio of 5.50 and a beta of 0.70. The company has a quick ratio of 8.45, a current ratio of 8.45 and a debt-to-equity ratio of 0.22.

About Cyrela Brazil Realty

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.