Daiwa House Industry (OTCMKTS:DWAHY) Releases Earnings Results, Beats Estimates By $0.82 EPS

Daiwa House Industry (OTCMKTS:DWAHY) posted its quarterly earnings data on Wednesday. The company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.82, Zacks reports. The firm had revenue of $9.81 billion during the quarter, compared to analyst estimates of $10.24 billion.

Daiwa House Industry Price Performance

OTCMKTS DWAHY traded down $0.08 during mid-day trading on Friday, hitting $28.60. The company’s stock had a trading volume of 81,907 shares, compared to its average volume of 63,204. Daiwa House Industry has a 52-week low of $26.24 and a 52-week high of $38.72. The stock’s fifty day simple moving average is $31.42 and its two-hundred day simple moving average is $33.26. The firm has a market capitalization of $18.87 billion, a P/E ratio of 7.67 and a beta of 0.35.

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.