Daiwa Securities Group (DSEEY) Expected to Post Earnings on Thursday

Daiwa Securities Group (OTCMKTS:DSEEY) will likely be releasing its results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.2224 per share and revenue of $1.37 billion for the quarter.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $1.34 billion. Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%.

Daiwa Securities Group Trading Up 1.8%

DSEEY stock opened at $11.10 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48. The company has a market cap of $15.70 billion, a price-to-earnings ratio of 13.62 and a beta of 0.52. The business has a fifty day simple moving average of $11.49 and a 200-day simple moving average of $10.63. Daiwa Securities Group has a 52 week low of $7.43 and a 52 week high of $12.58.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.