Kawasaki Heavy Industries (OTCMKTS:KWHIY) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Kawasaki Heavy Industries (OTCMKTS:KWHIY) issued its quarterly earnings results on Tuesday. The industrial products company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02), Zacks reports. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%. The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.36 billion.

Kawasaki Heavy Industries Trading Down 1.6%

Shares of KWHIY stock opened at $27.53 on Thursday. Kawasaki Heavy Industries has a fifty-two week low of $14.51 and a fifty-two week high of $34.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.67 and a current ratio of 1.14. The stock has a 50 day simple moving average of $27.30 and a two-hundred day simple moving average of $27.35. The company has a market cap of $11.53 billion, a P/E ratio of 22.75 and a beta of 0.85.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.