Kawasaki Heavy Industries (KWHIY) Projected to Release Earnings on Tuesday

Kawasaki Heavy Industries (OTCMKTS:KWHIY) is expected to post its results before the market opens on Tuesday, November 10th. Analysts expect the company to announce earnings of $0.0587 per share and revenue of $3.49 billion for the quarter.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings results on Friday, August 7th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.33 billion.

Kawasaki Heavy Industries Price Performance

Shares of OTCMKTS:KWHIY traded up $0.04 during trading hours on Tuesday, hitting $5.41. 48,352 shares of the company’s stock traded hands, compared to its average volume of 293,391. Kawasaki Heavy Industries has a 52 week low of $4.99 and a 52 week high of $9.73. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.70 and a current ratio of 1.16. The company’s fifty day simple moving average is $5.94 and its two-hundred day simple moving average is $16.37. The company has a market cap of $11.85 billion, a price-to-earnings ratio of 20.79 and a beta of 0.81.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on shares of Kawasaki Heavy Industries in a report on Tuesday, September 15th. They issued a “hold” rating on the stock. Three analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with operations spanning transportation equipment, aerospace, energy and environmental systems, industrial machinery, and marine products. The company serves government, commercial, and industrial customers through a portfolio that includes ships, rail cars, aircraft and aerospace components, gas turbines, hydraulic equipment, industrial robots, and infrastructure systems.

Kawasaki is also associated with motorcycles and recreational products through its powersports business, which develops and sells motorcycles, all-terrain vehicles, utility vehicles, and related engines.