Obayashi (OTCMKTS:OBYCF) Announces Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Obayashi (OTCMKTS:OBYCF) announced its quarterly earnings results on Monday. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.11, Zacks reports. Obayashi had a net margin of 6.64% and a return on equity of 9.31%. The firm had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.06 billion.

Obayashi Stock Up 5.4%

Obayashi stock traded up $1.45 during trading on Wednesday, reaching $28.20. 463 shares of the company’s stock were exchanged, compared to its average volume of 2,163. Obayashi has a 52-week low of $13.83 and a 52-week high of $28.20. The firm has a market cap of $19.94 billion, a price-to-earnings ratio of 17.74 and a beta of 0.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.24 and a current ratio of 1.27. The company’s 50-day moving average is $22.26 and its two-hundred day moving average is $18.84.

About Obayashi

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.