West Japan Railway (OTCMKTS:WJRYY) Announces Quarterly Earnings Results

West Japan Railway (OTCMKTS:WJRYY) issued its earnings results on Thursday. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03, Zacks reports. The company had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.77 billion. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%.

West Japan Railway Price Performance

Shares of OTCMKTS:WJRYY traded up $0.12 during mid-day trading on Friday, reaching $20.95. The stock had a trading volume of 13,039 shares, compared to its average volume of 10,825. The company has a current ratio of 1.12, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average price is $19.14 and its 200 day moving average price is $18.89. West Japan Railway has a 1 year low of $15.08 and a 1 year high of $23.85. The company has a market cap of $9.54 billion, a P/E ratio of 12.54 and a beta of 0.12.

Analyst Ratings Changes

Separately, Zacks Research cut West Japan Railway from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 28th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About West Japan Railway

West Japan Railway Company, also known as JR West, operates passenger railway services primarily across western Japan. Its network serves major urban and regional markets in the Kansai, Chugoku, Hokuriku, and other parts of western Honshu, connecting cities such as Osaka, Kyoto, Kobe, Hiroshima, and Kanazawa. The company operates conventional rail lines as well as high-speed Shinkansen services, including the Sanyo Shinkansen.

In addition to railway transportation, JR West provides related services such as station operations, bus transportation, and travel services.