Daikin Industries (OTCMKTS:DKILY) Releases Earnings Results, Misses Estimates By $0.03 EPS

Daikin Industries (OTCMKTS:DKILY) released its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03), reports. Daikin Industries had a net margin of 5.69% and a return on equity of 9.12%. The business had revenue of $7.63 billion for the quarter, compared to the consensus estimate of $1,153.92 billion.

Daikin Industries Trading Up 2.6%

Daikin Industries stock traded up $0.30 during mid-day trading on Friday, hitting $11.69. The company’s stock had a trading volume of 111,353 shares, compared to its average volume of 303,234. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.24 and a current ratio of 1.98. The company has a 50 day moving average of $12.52 and a 200-day moving average of $12.43. Daikin Industries has a one year low of $9.90 and a one year high of $14.03. The stock has a market cap of $34.25 billion, a PE ratio of 18.85, a P/E/G ratio of 2.08 and a beta of 0.88.

About Daikin Industries

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.