Sekisui House (SKHSY) Projected to Post Quarterly Earnings on Thursday

Sekisui House (OTCMKTS:SKHSY) is expected to be announcing its resultson Thursday, June 4th. Analysts expect the company to announce earnings of $0.3836 per share and revenue of $5.9098 billion for the quarter.

Sekisui House (OTCMKTS:SKHSY) last issued its quarterly earnings results on Thursday, March 5th. The construction company reported $0.84 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.08). Sekisui House had a return on equity of 10.82% and a net margin of 5.51%.The company had revenue of $8.03 billion during the quarter, compared to the consensus estimate of $8.51 billion.

Sekisui House Stock Down 0.5%

Shares of OTCMKTS SKHSY opened at $20.92 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.79 and a current ratio of 2.79. Sekisui House has a 52 week low of $20.17 and a 52 week high of $25.61. The stock has a market capitalization of $13.63 billion, a P/E ratio of 8.79 and a beta of 0.38. The stock’s fifty day moving average is $21.92 and its 200 day moving average is $22.42.

Wall Street Analysts Forecast Growth

Separately, CLSA upgraded Sekisui House to a “strong-buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Sekisui House has a consensus rating of “Buy”.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.