Kirin (KNBWY) Expected to Release Earnings on Thursday

Kirin (OTCMKTS:KNBWY) is projected to release its resultson Thursday, August 6th. Analysts expect Kirin to post earnings of $0.4180 per share and revenue of $3.8507 billion for the quarter.

Kirin (OTCMKTS:KNBWY) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.63 billion. Kirin had a net margin of 6.11% and a return on equity of 9.82%. On average, analysts expect Kirin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kirin Stock Up 3.5%

Shares of OTCMKTS KNBWY opened at $19.01 on Thursday. The firm’s 50-day simple moving average is $17.38 and its 200 day simple moving average is $16.58. The company has a market cap of $15.40 billion, a price-to-earnings ratio of 15.46 and a beta of -0.02. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51. Kirin has a 12-month low of $13.15 and a 12-month high of $19.10.

About Kirin

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.