Mitsubishi Estate (OTCMKTS:MITEY) Issues FY 2027 Earnings Guidance

Mitsubishi Estate (OTCMKTS:MITEY) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 1.251-1.251 for the period, compared to the consensus EPS estimate of 0.000. The company issued revenue guidance of $12.8 billion-$12.8 billion, compared to the consensus revenue estimate of 0.000.

Mitsubishi Estate Stock Up 0.2%

Shares of OTCMKTS MITEY opened at $28.66 on Wednesday. The firm has a fifty day simple moving average of $29.04 and a two-hundred day simple moving average of $26.56. The firm has a market capitalization of $34.89 billion, a PE ratio of 22.39 and a beta of 0.16. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 1.26. Mitsubishi Estate has a 12 month low of $16.74 and a 12 month high of $35.17.

Mitsubishi Estate (OTCMKTS:MITEY) last released its quarterly earnings results on Monday, February 9th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.31. Mitsubishi Estate had a net margin of 13.66% and a return on equity of 5.62%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.04 billion. Equities analysts expect that Mitsubishi Estate will post 1.18 earnings per share for the current year.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.