Daikin Industries (OTCMKTS:DKILY) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Daikin Industries (OTCMKTS:DKILY) released its quarterly earnings results on Tuesday. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04, Zacks reports. Daikin Industries had a return on equity of 9.00% and a net margin of 5.69%.

Daikin Industries Stock Up 2.4%

Shares of DKILY traded up $0.37 during mid-day trading on Tuesday, reaching $15.84. 47,964 shares of the stock traded hands, compared to its average volume of 349,740. The stock has a fifty day simple moving average of $12.91 and a 200 day simple moving average of $12.64. Daikin Industries has a 12-month low of $10.66 and a 12-month high of $15.99. The company has a quick ratio of 1.23, a current ratio of 1.95 and a debt-to-equity ratio of 0.14. The firm has a market cap of $46.41 billion, a price-to-earnings ratio of 25.54, a P/E/G ratio of 2.95 and a beta of 0.96.

About Daikin Industries

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.