Kirin (KNBWY) Projected to Post Earnings on Friday

Kirin (OTCMKTS:KNBWY) is expected to be issuing its results before the market opens on Friday, February 13th. Analysts expect the company to announce earnings of $0.30 per share for the quarter.

Kirin (OTCMKTS:KNBWY) last posted its quarterly earnings results on Tuesday, November 11th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.08. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.16 billion. Kirin had a return on equity of 5.74% and a net margin of 3.47%.

Kirin Trading Up 1.2%

OTCMKTS KNBWY opened at $15.54 on Friday. Kirin has a 12 month low of $12.40 and a 12 month high of $16.15. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average of $15.30 and a 200-day moving average of $14.82. The company has a market cap of $12.59 billion, a PE ratio of 22.52 and a beta of -0.10.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Kirin from a “buy” rating to a “hold” rating in a research report on Monday, December 15th.

About Kirin

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.