Daikin Industries (OTCMKTS:DKILY) Issues Quarterly Earnings Results

Daikin Industries (OTCMKTS:DKILY) announced its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19, Zacks reports. The firm had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $1,253.56 billion. Daikin Industries had a return on equity of 9.53% and a net margin of 6.02%.

Daikin Industries Trading Up 5.6%

Shares of Daikin Industries stock traded up $0.66 during trading on Thursday, hitting $12.44. 193,715 shares of the company were exchanged, compared to its average volume of 425,362. The firm has a market capitalization of $36.46 billion, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 2.03 and a beta of 0.99. Daikin Industries has a 1-year low of $9.90 and a 1-year high of $14.03. The firm’s fifty day moving average price is $11.88 and its 200 day moving average price is $11.94. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.86 and a quick ratio of 1.16.

Daikin Industries Company Profile

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company’s air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.