Benev Capital (OTCMKTS:BEVFF) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Key Points

• Benev Capital reported quarterly earnings of $0.04 per share, missing analyst expectations of $0.05 by $0.01.
• Revenue for the quarter was $14.09 million, significantly below the consensus estimate of $18.70 million.
• Despite earnings misses, Benev Capital's stock rose by 2.9% following the earnings release.

Benev Capital (OTCMKTS:BEVFF - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01), Zacks reports. The company had revenue of $14.09 million during the quarter, compared to the consensus estimate of $18.70 million. Benev Capital had a return on equity of 11.88% and a net margin of 41.88%.

Benev Capital Stock Up 2.9%

Shares of OTCMKTS:BEVFF opened at $2.45 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.87. The company has a fifty day simple moving average of $2.32 and a 200 day simple moving average of $2.11. The firm has a market cap of $415.30 million, a PE ratio of 20.42 and a beta of 0.85. Benev Capital has a 12-month low of $1.73 and a 12-month high of $2.54.

About Benev Capital

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.

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