Kirin (KNBWY) to Release Quarterly Earnings on Tuesday

Kirin (OTCMKTS:KNBWY) is anticipated to release its resultson Tuesday, May 12th. Analysts expect Kirin to post earnings of $0.26 per share and revenue of $3.6340 billion for the quarter.

Kirin (OTCMKTS:KNBWY) last released its earnings results on Friday, February 13th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. Kirin had a net margin of 6.06% and a return on equity of 10.00%. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.22 billion. On average, analysts expect Kirin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kirin Price Performance

Shares of OTCMKTS KNBWY traded down $0.02 during midday trading on Tuesday, reaching $15.88. The company’s stock had a trading volume of 4,814 shares, compared to its average volume of 32,478. The company has a current ratio of 1.37, a quick ratio of 0.93 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average price of $16.31 and a 200 day moving average price of $15.65. Kirin has a one year low of $13.15 and a one year high of $17.78. The company has a market cap of $12.87 billion, a price-to-earnings ratio of 13.02 and a beta of -0.04.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Kirin from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th.

Kirin Company Profile

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.