Daiwa House Industry (OTCMKTS:DWAHY) Releases Quarterly Earnings Results, Beats Expectations By $0.42 EPS

Daiwa House Industry (OTCMKTS:DWAHY) issued its quarterly earnings results on Friday. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.42, Zacks reports. The company had revenue of $9.17 billion for the quarter, compared to analyst estimates of $8.83 billion.

Daiwa House Industry Price Performance

Shares of DWAHY stock traded down $0.31 during mid-day trading on Friday, hitting $36.89. The stock had a trading volume of 23,454 shares, compared to its average volume of 31,082. Daiwa House Industry has a fifty-two week low of $26.24 and a fifty-two week high of $38.72. The firm has a market cap of $24.33 billion, a PE ratio of 11.21 and a beta of 0.35. The company’s 50-day simple moving average is $34.00 and its 200-day simple moving average is $34.70.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.