Daikin Industries (OTCMKTS:DKILY) Releases Earnings Results, Misses Estimates By $0.03 EPS

Daikin Industries (OTCMKTS:DKILY) released its earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03), reports. Daikin Industries had a return on equity of 9.16% and a net margin of 5.80%.The firm had revenue of $7.63 billion during the quarter, compared to the consensus estimate of $1,153.92 billion.

Daikin Industries Trading Down 8.3%

Shares of DKILY traded down $1.04 during mid-day trading on Wednesday, reaching $11.37. The company’s stock had a trading volume of 44,580 shares, compared to its average volume of 279,088. Daikin Industries has a 52 week low of $9.90 and a 52 week high of $14.03. The stock has a market cap of $33.31 billion, a PE ratio of 18.33, a P/E/G ratio of 2.26 and a beta of 0.88. The company’s fifty day moving average price is $12.59 and its two-hundred day moving average price is $12.44. The company has a current ratio of 1.98, a quick ratio of 1.24 and a debt-to-equity ratio of 0.16.

Daikin Industries Company Profile

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.