BYD (OTCMKTS:BYDDY) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

BYD (OTCMKTS:BYDDY) released its earnings results on Thursday. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04), Zacks reports. The business had revenue of $33.25 billion during the quarter, compared to analyst estimates of $34.85 billion.

BYD Price Performance

BYDDY stock traded up $0.10 during mid-day trading on Friday, reaching $8.67. The company had a trading volume of 187,743 shares, compared to its average volume of 1,627,276. The company has a market capitalization of $77.46 billion, a PE ratio of 15.21, a price-to-earnings-growth ratio of 0.77 and a beta of 0.08. The firm has a 50 day moving average of $10.04 and a 200 day moving average of $11.56. BYD has a 12 month low of $8.51 and a 12 month high of $14.46.

BYD Company Profile

BYD Company Limited is a China-based technology and manufacturing company headquartered in Shenzhen. Founded in 1995 by Wang Chuanfu, the company initially focused on rechargeable batteries before expanding into automobiles and other technology businesses. BYD is led by Wang Chuanfu, who serves as chairman and president.

BYD’s automotive business develops and manufactures battery-electric vehicles and plug-in hybrid electric vehicles under the BYD brand, along with commercial vehicles such as buses and trucks.