West Japan Railway (OTCMKTS:WJRYY) Posts Earnings Results, Beats Estimates By $0.03 EPS

West Japan Railway (OTCMKTS:WJRYY) posted its quarterly earnings data on Thursday. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03, Zacks reports. The company had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.77 billion. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%.

West Japan Railway Stock Performance

OTCMKTS:WJRYY opened at $20.26 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. The company has a market cap of $9.23 billion, a P/E ratio of 12.74 and a beta of 0.12. The firm’s 50 day moving average is $19.17 and its two-hundred day moving average is $18.89. West Japan Railway has a fifty-two week low of $15.08 and a fifty-two week high of $23.85.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered West Japan Railway from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 28th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, West Japan Railway presently has a consensus rating of “Hold”.

About West Japan Railway

West Japan Railway Company, also known as JR West, operates passenger railway services primarily across western Japan. Its network serves major urban and regional markets in the Kansai, Chugoku, Hokuriku, and other parts of western Honshu, connecting cities such as Osaka, Kyoto, Kobe, Hiroshima, and Kanazawa. The company operates conventional rail lines as well as high-speed Shinkansen services, including the Sanyo Shinkansen.

In addition to railway transportation, JR West provides related services such as station operations, bus transportation, and travel services.