Central Japan Railway (OTCMKTS:CJPRY) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Central Japan Railway (OTCMKTS:CJPRY) released its quarterly earnings results on Wednesday. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09, reports. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Central Japan Railway had a return on equity of 11.21% and a net margin of 27.40%.

Central Japan Railway Price Performance

OTCMKTS CJPRY traded down $0.11 during trading on Wednesday, hitting $12.03. 33,062 shares of the stock traded hands, compared to its average volume of 67,053. The company has a market capitalization of $24.08 billion, a P/E ratio of 6.50 and a beta of 0.27. The firm has a 50-day simple moving average of $13.56 and a 200-day simple moving average of $13.73. The company has a quick ratio of 2.22, a current ratio of 2.29 and a debt-to-equity ratio of 0.92. Central Japan Railway has a 12-month low of $10.27 and a 12-month high of $15.68.

Central Japan Railway Company Profile

Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high?speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high?speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high?capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway?related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.