Obayashi (OTCMKTS:OBYCF) Posts Earnings Results, Beats Expectations By $0.11 EPS

Obayashi (OTCMKTS:OBYCF) announced its earnings results on Monday. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.11, Zacks reports. Obayashi had a return on equity of 9.31% and a net margin of 6.64%.The firm had revenue of $4.28 billion during the quarter, compared to analysts’ expectations of $4.06 billion.

Obayashi Price Performance

Shares of OBYCF traded up $0.35 during trading hours on Wednesday, reaching $28.20. The company had a trading volume of 463 shares, compared to its average volume of 2,057. The company has a current ratio of 1.27, a quick ratio of 1.24 and a debt-to-equity ratio of 0.20. Obayashi has a 12-month low of $13.83 and a 12-month high of $28.20. The firm has a 50 day simple moving average of $22.26 and a 200-day simple moving average of $18.84. The company has a market capitalization of $19.94 billion, a price-to-earnings ratio of 17.74 and a beta of 0.28.

Obayashi Company Profile

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.