Daikin Industries (OTCMKTS:DKILY) Releases Earnings Results, Beats Expectations By $0.04 EPS

Daikin Industries (OTCMKTS:DKILY) issued its quarterly earnings results on Tuesday. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04, Zacks reports. The company had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $7.82 billion. Daikin Industries had a return on equity of 9.10% and a net margin of 5.51%.

Daikin Industries Stock Performance

OTCMKTS:DKILY traded down $0.36 during trading hours on Thursday, reaching $15.89. The stock had a trading volume of 222,397 shares, compared to its average volume of 349,944. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.23 and a current ratio of 1.95. The stock has a 50 day simple moving average of $13.04 and a 200 day simple moving average of $12.70. Daikin Industries has a 12-month low of $10.66 and a 12-month high of $16.34. The stock has a market cap of $46.58 billion, a P/E ratio of 25.63, a price-to-earnings-growth ratio of 3.02 and a beta of 0.96.

Daikin Industries Company Profile

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.