Cyrela Brazil Realty (OTCMKTS:CYRBY) Announces Earnings Results

Cyrela Brazil Realty (OTCMKTS:CYRBY) issued its quarterly earnings results on Thursday. The company reported $0.29 EPS for the quarter, Zacks reports. The firm had revenue of $599.00 million during the quarter. Cyrela Brazil Realty had a net margin of 21.07% and a return on equity of 17.20%.

Cyrela Brazil Realty Trading Down 6.8%

Shares of CYRBY traded down $0.35 during mid-day trading on Friday, reaching $4.80. The company had a trading volume of 25,596 shares, compared to its average volume of 7,606. Cyrela Brazil Realty has a fifty-two week low of $3.74 and a fifty-two week high of $7.92. The firm has a fifty day simple moving average of $5.87 and a 200-day simple moving average of $5.79. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 5.45 and a beta of 0.70. The company has a current ratio of 8.45, a quick ratio of 8.45 and a debt-to-equity ratio of 0.22.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.