Central Japan Railway (OTCMKTS:CJPRY) Releases Earnings Results, Beats Expectations By $0.09 EPS

Central Japan Railway (OTCMKTS:CJPRY) issued its quarterly earnings results on Wednesday. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09, reports. The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.10 billion. Central Japan Railway had a return on equity of 11.21% and a net margin of 27.40%.

Central Japan Railway Stock Performance

CJPRY opened at $11.96 on Thursday. Central Japan Railway has a 52-week low of $10.27 and a 52-week high of $15.68. The firm has a market capitalization of $23.95 billion, a PE ratio of 6.46 and a beta of 0.27. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.22 and a current ratio of 2.29. The business’s 50-day simple moving average is $13.49 and its 200 day simple moving average is $13.72.

Central Japan Railway Company Profile

Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.