Daiwa House Industry (OTCMKTS:DWAHY) Announces Quarterly Earnings Results, Beats Expectations By $0.42 EPS

Daiwa House Industry (OTCMKTS:DWAHY) issued its quarterly earnings results on Friday. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.42, Zacks reports. The business had revenue of $9.17 billion for the quarter, compared to analyst estimates of $8.83 billion.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY traded down $0.31 on Friday, reaching $36.89. The company’s stock had a trading volume of 23,454 shares, compared to its average volume of 31,082. Daiwa House Industry has a 52-week low of $26.24 and a 52-week high of $38.72. The stock has a market capitalization of $24.33 billion, a P/E ratio of 11.21 and a beta of 0.35. The stock’s 50-day moving average is $34.00 and its two-hundred day moving average is $34.70.

Daiwa House Industry Company Profile

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.