Kirin (KNBWY) Projected to Post Quarterly Earnings on Thursday

Kirin (OTCMKTS:KNBWY) is projected to post its results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.4792 per share and revenue of $3.8507 billion for the quarter.

Kirin (OTCMKTS:KNBWY) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.05). Kirin had a return on equity of 9.82% and a net margin of 6.11%.The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.63 billion. On average, analysts expect Kirin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kirin Stock Down 2.0%

Shares of OTCMKTS:KNBWY opened at $18.14 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51. The firm has a market cap of $14.70 billion, a P/E ratio of 14.75 and a beta of -0.02. Kirin has a 12 month low of $13.40 and a 12 month high of $19.11. The company’s 50-day moving average price is $17.47 and its two-hundred day moving average price is $16.67.

About Kirin

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.