Daiwa Securities Group (OTCMKTS:DSEEY) Releases Earnings Results, Beats Estimates By $0.04 EPS

Daiwa Securities Group (OTCMKTS:DSEEY) issued its quarterly earnings data on Sunday. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04, Zacks reports. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $1.70 billion. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

Daiwa Securities Group Price Performance

Shares of OTCMKTS:DSEEY opened at $9.56 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $13.52 billion, a PE ratio of 13.09 and a beta of 0.52. The firm’s 50 day moving average price is $9.07 and its 200-day moving average price is $8.26. Daiwa Securities Group has a twelve month low of $5.52 and a twelve month high of $10.21.

About Daiwa Securities Group

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.