Obayashi (OTCMKTS:OBYCF) Releases Earnings Results, Misses Expectations By $0.01 EPS

Obayashi (OTCMKTS:OBYCF) announced its quarterly earnings results on Wednesday. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01), Zacks reports. Obayashi had a net margin of 7.06% and a return on equity of 9.60%.

Obayashi Trading Down 4.9%

Shares of OBYCF stock traded down $1.18 on Wednesday, reaching $22.82. The company had a trading volume of 680 shares, compared to its average volume of 1,100. The company has a current ratio of 1.24, a quick ratio of 1.19 and a debt-to-equity ratio of 0.22. The stock has a market cap of $16.13 billion, a PE ratio of 13.27 and a beta of 0.21. The company has a 50-day moving average of $24.21 and a 200-day moving average of $22.66. Obayashi has a 12 month low of $13.83 and a 12 month high of $29.57.

About Obayashi

Obayashi Corporation is a leading Japan‐based general contractor specializing in large‐scale construction and civil engineering projects. The company’s core operations encompass the design, construction and maintenance of infrastructure such as roads, bridges, tunnels, railways and airports, as well as high-rise commercial and residential buildings, industrial facilities and energy plants. Obayashi also offers development planning and consulting services, leveraging in-house expertise in project management, environmental engineering and safety compliance.

Founded in 1892 and headquartered in Osaka, Obayashi has evolved from a regional builder into a global construction group.