China Construction Bank (CICHY) Expected to Announce Earnings on Thursday

China Construction Bank (OTCMKTS:CICHY) will likely be releasing its resultson Thursday, April 30th. Analysts expect China Construction Bank to post earnings of $0.97 per share and revenue of $28.8266 billion for the quarter.

China Construction Bank (OTCMKTS:CICHY) last released its quarterly earnings data on Friday, March 27th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. The firm had revenue of $26.13 billion during the quarter, compared to analyst estimates of $24.24 billion. China Construction Bank had a return on equity of 9.73% and a net margin of 25.79%. On average, analysts expect China Construction Bank to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

China Construction Bank Stock Performance

OTCMKTS:CICHY opened at $22.74 on Wednesday. The firm has a market cap of $297.44 billion, a PE ratio of 6.28 and a beta of 0.08. China Construction Bank has a fifty-two week low of $16.30 and a fifty-two week high of $22.89. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 0.87. The business has a 50 day moving average price of $21.07 and a 200-day moving average price of $20.49.

About China Construction Bank

China Construction Bank Corporation (OTCMKTS:CICHY) is one of the largest commercial banks in China, headquartered in Beijing. The bank provides a broad range of banking and financial services to corporate, institutional and individual customers. It is widely recognized as one of the major state-owned banks in China and has played a significant role in financing infrastructure, real estate and corporate development across the country.

CCB’s core business activities include corporate banking, personal banking and treasury operations.