Daikin Industries (OTCMKTS:DKILY) Issues Quarterly Earnings Results

Daikin Industries (OTCMKTS:DKILY) released its quarterly earnings data on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01, Zacks reports. Daikin Industries had a return on equity of 8.73% and a net margin of 5.24%. The business had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $8.58 billion.

Daikin Industries Trading Up 0.1%

OTCMKTS DKILY traded up $0.02 during trading hours on Friday, hitting $13.84. 177,038 shares of the company were exchanged, compared to its average volume of 163,342. Daikin Industries has a 52 week low of $11.00 and a 52 week high of $16.43. The company has a quick ratio of 1.05, a current ratio of 1.62 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $13.31 and a 200 day moving average price of $13.58. The stock has a market cap of $40.57 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.45 and a beta of 0.88.

About Daikin Industries

Daikin Industries is a Japanese manufacturer specializing in heating, ventilation, air conditioning and refrigeration systems. Its products include residential and commercial air conditioners, heat pumps, chillers, refrigeration equipment and air purifiers, as well as related controls and services.

The company also produces fluorochemicals, including refrigerants and materials used in industrial applications, and offers oil-hydraulic equipment. Daikin was founded in Osaka in 1924 and has expanded from its Japanese manufacturing base into a global business.

Daikin serves customers in Japan and international markets across the Americas, Europe, Asia and other regions.