Daiwa House Industry (OTCMKTS:DWAHY) Issues Earnings Results, Beats Expectations By $0.82 EPS

Daiwa House Industry (OTCMKTS:DWAHY) announced its quarterly earnings results on Wednesday. The company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.82, Zacks reports.

Daiwa House Industry Trading Down 5.8%

OTCMKTS:DWAHY traded down $1.75 during mid-day trading on Wednesday, hitting $28.65. The company had a trading volume of 62,192 shares, compared to its average volume of 61,709. The business has a fifty day simple moving average of $31.65 and a 200-day simple moving average of $33.35. Daiwa House Industry has a 1 year low of $26.24 and a 1 year high of $38.72. The firm has a market capitalization of $18.90 billion, a price-to-earnings ratio of 8.50 and a beta of 0.35.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.