Kirin (OTCMKTS:KNBWY) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Kirin (OTCMKTS:KNBWY) issued its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.05), Zacks reports. Kirin had a net margin of 6.06% and a return on equity of 10.00%.

Kirin Trading Down 0.6%

OTCMKTS:KNBWY traded down $0.10 on Thursday, reaching $15.89. 60,108 shares of the company’s stock were exchanged, compared to its average volume of 42,959. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 13.11 and a beta of -0.04. The business has a fifty day moving average of $16.14 and a 200-day moving average of $15.72. Kirin has a 52-week low of $13.15 and a 52-week high of $17.78.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Kirin from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th.

About Kirin

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.