Kawasaki Heavy Industries (OTCMKTS:KWHIY) Posts Earnings Results

Kawasaki Heavy Industries (OTCMKTS:KWHIY) released its quarterly earnings results on Tuesday. The industrial products company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01), reports. The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.45 billion.

Kawasaki Heavy Industries Price Performance

Shares of KWHIY opened at $4.97 on Wednesday. The business’s fifty day moving average is $5.78 and its 200 day moving average is $15.47. Kawasaki Heavy Industries has a 12-month low of $4.87 and a 12-month high of $9.73. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.38. The stock has a market cap of $10.90 billion, a P/E ratio of 15.49 and a beta of 0.95.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on Kawasaki Heavy Industries in a report on Tuesday, September 15th. They set a “hold” rating for the company. Three research analysts have rated the stock with a Hold rating. According to MarketBeat, Kawasaki Heavy Industries has an average rating of “Hold”.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with roots in shipbuilding. Founded by Shozo Kawasaki in 1896, the company has expanded into a range of transportation, machinery, and energy-related businesses. Its products and services include aircraft and aircraft engines, helicopters, railway vehicles, ships and marine equipment, gas turbines and other energy systems, industrial robots, and hydraulic machinery. The company also makes motorcycles, personal watercraft, all-terrain vehicles, and general-purpose engines.