Daikin Industries (OTCMKTS:DKILY) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Daikin Industries (OTCMKTS:DKILY) issued its quarterly earnings results on Tuesday. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04, Zacks reports. Daikin Industries had a return on equity of 9.00% and a net margin of 5.69%.

Daikin Industries Stock Up 2.4%

DKILY traded up $0.37 during trading on Tuesday, hitting $15.84. The company had a trading volume of 47,964 shares, compared to its average volume of 349,740. Daikin Industries has a 1-year low of $10.66 and a 1-year high of $15.99. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.95 and a quick ratio of 1.23. The company has a market cap of $46.41 billion, a PE ratio of 25.54, a P/E/G ratio of 2.95 and a beta of 0.96. The business has a 50-day moving average of $12.91 and a 200-day moving average of $12.64.

Daikin Industries Company Profile

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.