Oriental Land (OTCMKTS:OLCLY) Announces Quarterly Earnings Results

Oriental Land (OTCMKTS:OLCLY) released its earnings results on Thursday. The company reported $0.08 EPS for the quarter, Zacks reports. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1 billion. Oriental Land had a net margin of 18.41% and a return on equity of 12.13%.

Oriental Land Trading Up 2.5%

OLCLY traded up $0.52 during trading on Friday, hitting $21.74. 12,615 shares of the company’s stock were exchanged, compared to its average volume of 19,165. The stock has a 50 day moving average price of $19.57 and a 200 day moving average price of $17.23. The company has a current ratio of 3.77, a quick ratio of 3.62 and a debt-to-equity ratio of 0.27. Oriental Land has a 1 year low of $12.94 and a 1 year high of $23.15. The firm has a market cap of $35.64 billion, a P/E ratio of 41.02 and a beta of 0.51.

About Oriental Land

Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.

The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.

Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.