Sekisui House (OTCMKTS:SKHSY) Releases Earnings Results, Misses Estimates By $0.08 EPS

Sekisui House (OTCMKTS:SKHSY) released its earnings results on Thursday. The construction company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.08), reports. The company had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.51 billion. Sekisui House had a net margin of 4.85% and a return on equity of 10.08%.

Sekisui House Trading Down 1.1%

SKHSY stock traded down $0.25 during mid-day trading on Friday, reaching $22.30. 10,982 shares of the stock traded hands, compared to its average volume of 103,573. Sekisui House has a one year low of $20.20 and a one year high of $25.61. The stock has a market capitalization of $14.46 billion, a PE ratio of 10.77 and a beta of 0.42. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.55 and a current ratio of 2.55. The business has a 50-day moving average price of $23.24 and a two-hundred day moving average price of $22.59.

About Sekisui House

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.