Daiwa Securities Group (DSEEY) Projected to Post Earnings on Thursday

Daiwa Securities Group (OTCMKTS:DSEEY) will likely be posting its results before the market opens on Thursday, October 29th. Analysts expect Daiwa Securities Group to post earnings of $0.2224 per share and revenue of $1.37 billion for the quarter.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Monday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $1.34 billion.

Daiwa Securities Group Stock Up 1.8%

Shares of OTCMKTS:DSEEY opened at $11.10 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.48. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 13.62 and a beta of 0.52. The stock’s 50-day moving average price is $11.49 and its two-hundred day moving average price is $10.63. Daiwa Securities Group has a 12-month low of $7.43 and a 12-month high of $12.58.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.