Sekisui House (OTCMKTS:SKHSY) Posts Quarterly Earnings Results

Sekisui House (OTCMKTS:SKHSY) posted its quarterly earnings results on Thursday. The construction company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08), reports. The company had revenue of $8.03 billion for the quarter, compared to analyst estimates of $8.51 billion. Sekisui House had a return on equity of 11.12% and a net margin of 5.51%.

Sekisui House Stock Down 1.1%

SKHSY stock opened at $22.30 on Friday. The company’s 50-day moving average price is $23.25 and its 200 day moving average price is $22.58. The company has a market cap of $14.46 billion, a P/E ratio of 9.37 and a beta of 0.42. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.62. Sekisui House has a 52 week low of $20.20 and a 52 week high of $25.61.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.