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

Daikin Industries (OTCMKTS:DKILY) issued its earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The company had revenue of $9.37 billion for the quarter, compared to analyst estimates of $8.58 billion.

Daikin Industries Trading Up 0.3%

OTCMKTS DKILY traded up $0.04 during trading hours on Friday, hitting $13.86. The company’s stock had a trading volume of 67,511 shares, compared to its average volume of 300,303. The stock has a fifty day moving average of $13.29 and a 200 day moving average of $13.57. Daikin Industries has a twelve month low of $11.00 and a twelve month high of $16.43. The firm has a market capitalization of $40.61 billion, a P/E ratio of 22.71, a PEG ratio of 1.47 and a beta of 0.88. The company has a quick ratio of 1.05, a current ratio of 1.62 and a debt-to-equity ratio of 0.15.

About Daikin Industries

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.