Kirin (KNBWY) Expected to Post Quarterly Earnings on Tuesday

Kirin (OTCMKTS:KNBWY – Get Free Report) is expected to announce its results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of $0.2707 per share and revenue of $4.04 billion for the quarter.

Kirin (OTCMKTS:KNBWY – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.16. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $3.87 billion. Kirin had a net margin of 7.79% and a return on equity of 12.22%. On average, analysts expect Kirin to post $1.32 EPS for the current fiscal year and $1.40 EPS for the next fiscal year.

Kirin Stock Down 1.0%

Shares of OTCMKTS:KNBWY traded down $0.20 during trading on Tuesday, reaching $18.62. 3,470 shares of the company traded hands, compared to its average volume of 28,694. The firm has a fifty day simple moving average of $18.42 and a 200 day simple moving average of $17.24. The company has a quick ratio of 1.02, a current ratio of 1.48 and a debt-to-equity ratio of 0.48. Kirin has a 1-year low of $14.16 and a 1-year high of $19.99. The firm has a market cap of $15.09 billion, a P/E ratio of 11.86 and a beta of 0.01.

Analyst Ratings Changes

Separately, Zacks Research upgraded Kirin from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Read Our Latest Analysis on KNBWY

About Kirin

(Get Free Report)

Kirin Holdings Company, Limited is a Japan-based consumer products group best known for its beer, alcoholic beverages, soft drinks and health science businesses. The company operates primarily through its beverage operations, which produce and market beer, ready-to-drink alcoholic beverages, wine, nonalcoholic drinks, tea and functional beverages.

Kirin’s portfolio includes established Japanese brands such as Kirin Ichiban Shibori beer, Kirin Lager, Hyoketsu ready-to-drink beverages, Afternoon Tea and Gogo no Kocha tea.

See Also

Earnings History for Kirin (OTCMKTS:KNBWY)

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