Daikin Industries (OTCMKTS:DKILY) Releases Earnings Results, Beats Estimates By $0.01 EPS

Daikin Industries (OTCMKTS:DKILY) issued its quarterly earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01, Zacks reports. Daikin Industries had a net margin of 5.24% and a return on equity of 8.73%.

Daikin Industries Trading Up 3.5%

Shares of DKILY traded up $0.46 during trading hours on Thursday, hitting $13.75. 216,358 shares of the stock were exchanged, compared to its average volume of 156,771. Daikin Industries has a fifty-two week low of $11.00 and a fifty-two week high of $16.43. The business has a 50-day moving average of $13.29 and a 200-day moving average of $13.57. The firm has a market capitalization of $40.31 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 1.47 and a beta of 0.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.62 and a quick ratio of 1.05.

Daikin Industries Company Profile

Daikin Industries, Ltd. is a Japan-based manufacturer specializing in heating, ventilation, air conditioning and refrigeration systems. The company offers residential, commercial and industrial air-conditioning equipment, heat pumps, chillers, refrigeration systems, air purifiers and related controls and services.

Daikin also operates a chemicals business that produces fluorinated materials and other specialty chemical products used in applications such as automotive components, electronics, industrial equipment and energy-related products.