Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.251-1.251 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $12.8 billion-$12.8 billion, compared to the consensus revenue estimate of 0.000.
Mitsubishi Estate Stock Performance
OTCMKTS MITEY opened at $28.45 on Thursday. Mitsubishi Estate has a twelve month low of $16.74 and a twelve month high of $35.17. The stock has a 50-day moving average of $28.95 and a 200 day moving average of $26.61. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $34.63 billion, a price-to-earnings ratio of 22.23 and a beta of 0.16.
Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. Mitsubishi Estate had a return on equity of 5.62% and a net margin of 13.66%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.04 billion. Sell-side analysts anticipate that Mitsubishi Estate will post 1.18 EPS for the current fiscal year.
About Mitsubishi Estate
Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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