Black Diamond Group (OTCMKTS:BDIMF) Posts Quarterly Earnings Results

Black Diamond Group (OTCMKTS:BDIMF - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.02, Zacks reports. Black Diamond Group had a return on equity of 8.00% and a net margin of 6.47%. The business had revenue of $71.01 million during the quarter, compared to analyst estimates of $83.80 million.

Black Diamond Group Stock Up 6.3 %

BDIMF traded up $0.40 during midday trading on Wednesday, hitting $6.75. 2,701 shares of the company's stock traded hands, compared to its average volume of 2,048. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $419.58 million, a PE ratio of 22.50 and a beta of 0.77. The stock's fifty day simple moving average is $5.86 and its 200-day simple moving average is $6.22. Black Diamond Group has a one year low of $5.46 and a one year high of $7.53.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an "outperform" rating on shares of Black Diamond Group in a report on Friday, March 7th.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.