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

Cyrela Brazil Realty (OTCMKTS:CYRBY) issued its quarterly earnings data on Friday. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.01, Zacks reports. Cyrela Brazil Realty had a return on equity of 17.27% and a net margin of 20.58%.

Cyrela Brazil Realty Stock Performance

CYRBY traded up $0.04 during trading on Friday, reaching $3.45. The company’s stock had a trading volume of 36,633 shares, compared to its average volume of 32,589. Cyrela Brazil Realty has a 52-week low of $3.02 and a 52-week high of $7.92. The company’s fifty day moving average price is $5.18 and its 200-day moving average price is $5.06. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 3.67 and a beta of 0.74. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.07 and a current ratio of 8.07.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty is a Brazilian real estate developer and homebuilder that develops, constructs and sells residential properties. Its projects serve different market segments, from higher-end homes to more affordable housing. The company operates through brands including Cyrela, Living and Vivaz, and has a presence in markets across Brazil. Its business also includes commercial real estate development. Founded by Elie Horn in 1962, Cyrela began as a real estate brokerage before expanding into property development and construction.