Daiwa Securities Group (DSEEY) Projected to Release Quarterly Earnings on Thursday

Daiwa Securities Group (OTCMKTS:DSEEY) is expected to release its results before the market opens on Thursday, October 29th. Analysts expect Daiwa Securities Group to post earnings of $0.2224 per share and revenue of $1.37 billion for the quarter.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Monday, August 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $1.34 billion. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%.

Daiwa Securities Group Stock Down 0.8%

Shares of OTCMKTS DSEEY opened at $10.87 on Tuesday. The firm has a market cap of $15.37 billion, a PE ratio of 11.68 and a beta of 0.52. Daiwa Securities Group has a 12-month low of $7.44 and a 12-month high of $12.58. The company’s fifty day simple moving average is $11.44 and its 200 day simple moving average is $10.41. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.