Kirin (OTCMKTS:KNBWY) Posts Earnings Results, Beats Expectations By $0.10 EPS

Kirin (OTCMKTS:KNBWYGet Free Report) posted its quarterly earnings results on Friday. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.48 by $0.10, Zacks reports. Kirin had a return on equity of 9.82% and a net margin of 6.11%.

Kirin Trading Up 5.7%

Kirin stock traded up $1.05 during mid-day trading on Friday, hitting $19.50. The company’s stock had a trading volume of 12,352 shares, compared to its average volume of 30,899. Kirin has a 1 year low of $13.85 and a 1 year high of $19.95. The stock’s fifty day moving average is $17.52 and its two-hundred day moving average is $16.72. The firm has a market capitalization of $15.80 billion, a PE ratio of 15.85 and a beta of -0.02. The company has a current ratio of 1.44, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51.

About Kirin

(Get Free Report)

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.

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Earnings History for Kirin (OTCMKTS:KNBWY)

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