Central Japan Railway (OTCMKTS:CJPRY) Issues Earnings Results

Central Japan Railway (OTCMKTS:CJPRY) released its quarterly earnings results on Wednesday. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.08), Zacks reports. The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%.

Central Japan Railway Stock Up 3.2%

Shares of CJPRY traded up $0.39 during mid-day trading on Friday, hitting $12.47. 2,738 shares of the company traded hands, compared to its average volume of 106,594. The company has a market capitalization of $24.82 billion, a PE ratio of 6.89 and a beta of 0.22. The company has a quick ratio of 1.90, a current ratio of 1.98 and a debt-to-equity ratio of 0.88. The business has a 50 day moving average of $12.07 and a 200 day moving average of $12.41. Central Japan Railway has a 1-year low of $10.03 and a 1-year high of $15.68.

Central Japan Railway Company Profile

Central Japan Railway Company, also known as JR Central, operates passenger railway services primarily in central Japan. Its most prominent business is the Tokaido Shinkansen, the high-speed rail line connecting Tokyo, Nagoya, Kyoto and Osaka. The company also operates conventional railway lines in the Tokai region and provides transportation services for commuters and other passengers.

JR Central’s railway network serves areas including Aichi, Gifu, Shizuoka, Mie, Nagano, Yamanashi and parts of neighboring regions.