Daiwa House Industry (OTCMKTS:DWAHY) Releases Quarterly Earnings Results, Beats Expectations By $0.82 EPS

Daiwa House Industry (OTCMKTS:DWAHY) posted its earnings results on Wednesday. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.82, Zacks reports. The company had revenue of $9.81 billion during the quarter, compared to analyst estimates of $10.24 billion.

Daiwa House Industry Stock Performance

Shares of DWAHY stock traded down $0.05 during mid-day trading on Friday, reaching $28.63. 56,676 shares of the company were exchanged, compared to its average volume of 62,980. The company has a market capitalization of $18.89 billion, a P/E ratio of 7.68 and a beta of 0.35. The business’s 50 day simple moving average is $31.42 and its 200 day simple moving average is $33.26. Daiwa House Industry has a fifty-two week low of $26.24 and a fifty-two week high of $38.72.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.