Kirin (OTCMKTS:KNBWY) Posts Earnings Results, Misses Estimates By $0.05 EPS

Kirin (OTCMKTS:KNBWY) released its quarterly earnings data on Thursday. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05), Zacks reports. Kirin had a net margin of 6.06% and a return on equity of 10.00%.

Kirin Stock Down 0.6%

Kirin stock traded down $0.10 during mid-day trading on Thursday, hitting $15.89. The company had a trading volume of 60,108 shares, compared to its average volume of 42,959. The stock has a market cap of $12.87 billion, a price-to-earnings ratio of 13.11 and a beta of -0.04. Kirin has a 1 year low of $13.15 and a 1 year high of $17.78. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.53. The business has a fifty day moving average of $16.14 and a 200 day moving average of $15.72.

Analyst Upgrades and Downgrades

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

About Kirin

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.