Daiwa House Industry (OTCMKTS:DWAHY) Releases Earnings Results

Daiwa House Industry (OTCMKTS:DWAHY) issued its quarterly earnings data on Thursday. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04, Zacks reports. The company had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.52 billion.

Daiwa House Industry Stock Up 2.1%

Shares of OTCMKTS DWAHY traded up $0.60 during midday trading on Friday, reaching $29.13. 2,218 shares of the stock were exchanged, compared to its average volume of 86,817. The firm has a market cap of $19.21 billion, a price-to-earnings ratio of 7.81 and a beta of 0.29. The firm has a 50-day simple moving average of $27.69 and a two-hundred day simple moving average of $30.72. Daiwa House Industry has a twelve month low of $25.91 and a twelve month high of $38.72.

About Daiwa House Industry

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.