Daiwa Securities Group (OTCMKTS:DSEEY) Posts Earnings Results, Misses Estimates By $0.01 EPS

Daiwa Securities Group (OTCMKTS:DSEEY) posted its quarterly earnings results on Friday. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01), Zacks reports. The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%.

Daiwa Securities Group Price Performance

Shares of DSEEY opened at $10.63 on Friday. 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 stock’s 50 day moving average is $11.43 and its two-hundred day moving average is $10.43. Daiwa Securities Group has a twelve month low of $7.44 and a twelve month high of $12.58. The firm has a market capitalization of $15.04 billion, a PE ratio of 14.10 and a beta of 0.52.

About Daiwa Securities Group

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.