Kirin (OTCMKTS:KNBWY) Issues Earnings Results, Beats Expectations By $0.16 EPS

Kirin (OTCMKTS:KNBWYGet Free Report) announced its quarterly earnings data on Friday. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.16, Zacks reports. The company had revenue of $4.08 billion during the quarter, compared to analyst estimates of $3.85 billion. Kirin had a net margin of 6.11% and a return on equity of 9.82%.

Kirin Stock Performance

Kirin stock opened at $19.50 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.44. The company has a market capitalization of $15.80 billion, a PE ratio of 15.85 and a beta of -0.02. The company has a 50 day moving average price of $17.57 and a 200-day moving average price of $16.74. Kirin has a fifty-two week low of $13.85 and a fifty-two week high of $19.95.

Kirin Company Profile

(Get Free Report)

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.

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Earnings History for Kirin (OTCMKTS:KNBWY)

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