Kirin (KNBWY) Expected to Announce Earnings on Thursday

Kirin (OTCMKTS:KNBWY) is projected to issue its results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.4792 per share and revenue of $3.8507 billion for the quarter.

Kirin (OTCMKTS:KNBWY) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.05). Kirin had a net margin of 6.11% and a return on equity of 9.82%. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.63 billion. On average, analysts expect Kirin to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kirin Stock Performance

Shares of KNBWY stock traded down $0.38 during mid-day trading on Tuesday, hitting $18.13. The stock had a trading volume of 1,296 shares, compared to its average volume of 31,046. Kirin has a fifty-two week low of $13.40 and a fifty-two week high of $19.11. The firm has a market cap of $14.69 billion, a PE ratio of 14.74 and a beta of -0.02. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. The company’s 50-day simple moving average is $17.46 and its 200-day simple moving average is $16.65.

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.