Cyrela Brazil Realty (OTCMKTS:CYRBY) Posts Earnings Results, Beats Estimates By $0.01 EPS

Cyrela Brazil Realty (OTCMKTS:CYRBY) posted its earnings results on Friday. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01, Zacks reports. Cyrela Brazil Realty had a net margin of 20.58% and a return on equity of 17.27%.

Cyrela Brazil Realty Stock Performance

CYRBY stock traded up $0.04 during midday trading on Friday, reaching $3.46. The company had a trading volume of 57,553 shares, compared to its average volume of 32,590. The firm has a market capitalization of $1.33 billion, a PE ratio of 3.68 and a beta of 0.74. The stock has a 50 day moving average price of $5.18 and a 200 day moving average price of $5.06. Cyrela Brazil Realty has a fifty-two week low of $3.02 and a fifty-two week high of $7.92. The company has a quick ratio of 8.07, a current ratio of 8.07 and a debt-to-equity ratio of 0.26.

About Cyrela Brazil Realty

Cyrela Brazil Realty is a Brazilian real estate developer and homebuilder that develops, constructs and sells residential properties. Its projects serve different market segments, from higher-end homes to more affordable housing. The company operates through brands including Cyrela, Living and Vivaz, and has a presence in markets across Brazil. Its business also includes commercial real estate development. Founded by Elie Horn in 1962, Cyrela began as a real estate brokerage before expanding into property development and construction.