Mitsubishi Estate (OTCMKTS:MITEY) Posts Quarterly Earnings Results

Mitsubishi Estate (OTCMKTS:MITEY) issued its earnings results on Friday. The company reported $0.28 earnings per share for the quarter, Zacks reports. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 11.39%. Mitsubishi Estate updated its FY 2025 guidance to 0.910-0.910 EPS.

Mitsubishi Estate Stock Performance

Shares of OTCMKTS:MITEY traded up $0.16 during trading on Friday, reaching $14.81. 63,113 shares of the stock were exchanged, compared to its average volume of 108,653. Mitsubishi Estate has a 12-month low of $12.78 and a 12-month high of $20.40. The firm’s 50-day moving average price is $13.93 and its 200 day moving average price is $15.03. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 15.92 and a beta of 0.47.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.