Oriental Land (OTCMKTS:OLCLY) Releases Quarterly Earnings Results

Oriental Land (OTCMKTS:OLCLY) issued its quarterly earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Oriental Land had a return on equity of 12.36% and a net margin of 18.75%.The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion.

Oriental Land Stock Up 0.9%

Oriental Land stock opened at $19.71 on Friday. The stock has a fifty day moving average of $15.33 and a 200 day moving average of $16.22. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The stock has a market cap of $32.31 billion, a PE ratio of 36.50 and a beta of 0.47. Oriental Land has a one year low of $12.94 and a one year high of $26.98.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Oriental Land to a “hold” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Oriental Land presently has an average rating of “Hold”.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.