Daikin Industries (OTCMKTS:DKILY) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

by · The Markets Daily

Daikin Industries (OTCMKTS:DKILY – Get Free Report) posted its earnings results on Tuesday. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.17 by $0.01, Zacks reports. Daikin Industries had a return on equity of 8.95% and a net margin of 5.51%.

Daikin Industries Trading Up 1.5%

OTCMKTS:DKILY opened at $14.71 on Tuesday. The company has a market capitalization of $43.12 billion, a PE ratio of 23.73, a P/E/G ratio of 1.60 and a beta of 0.94. Daikin Industries has a 52-week low of $11.00 and a 52-week high of $16.43. The stock’s 50 day moving average price is $14.89 and its 200 day moving average price is $13.67. The company has a quick ratio of 1.26, a current ratio of 1.93 and a debt-to-equity ratio of 0.18.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Daikin Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Daikin Industries presently has an average rating of “Hold”.

View Our Latest Report on Daikin Industries

Daikin Industries Company Profile

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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.

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