Kirin (KNBWY) Expected to Announce Quarterly Earnings on Friday

Kirin (OTCMKTS:KNBWY) is projected to issue its results before the market opens on Friday, February 13th. Analysts expect the company to announce earnings of $0.30 per share for the quarter.

Kirin (OTCMKTS:KNBWY) last issued its earnings results on Tuesday, November 11th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.08. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.16 billion. Kirin had a net margin of 3.47% and a return on equity of 5.74%.

Kirin Price Performance

Shares of OTCMKTS:KNBWY opened at $16.35 on Thursday. The firm has a market capitalization of $13.24 billion, a price-to-earnings ratio of 23.70 and a beta of -0.10. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 0.85. The business’s 50 day simple moving average is $15.33 and its 200-day simple moving average is $14.90. Kirin has a 12 month low of $12.40 and a 12 month high of $16.41.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Kirin from a “buy” rating to a “hold” rating in a research note on Tuesday.

Kirin Company Profile

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.