Black Diamond Group (OTCMKTS:BDIMF) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• Black Diamond Group reported an earnings per share (EPS) of $0.11 for the quarter, indicating a net margin of 6.97% and a return on equity of 9.44%.
• The company's stock opened at $8.77 and has a market capitalization of $585.49 million, with a P/E ratio of 25.06.
• Black Diamond Group operates in the modular space rental and workforce accommodation sectors, servicing industries including construction, healthcare, and government.

Black Diamond Group (OTCMKTS:BDIMF - Get Free Report) announced its earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02, Zacks reports. The business had revenue of $77.42 million for the quarter, compared to analysts' expectations of $97.55 million. Black Diamond Group had a return on equity of 9.87% and a net margin of 7.20%.

Black Diamond Group Price Performance

Shares of BDIMF traded down $0.11 during mid-day trading on Tuesday, hitting $8.51. 108 shares of the stock were exchanged, compared to its average volume of 1,302. The company has a market cap of $568.17 million, a PE ratio of 23.00 and a beta of 0.62. Black Diamond Group has a 52-week low of $5.46 and a 52-week high of $9.05. The firm has a 50-day moving average of $7.76 and a two-hundred day moving average of $6.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.18 and a current ratio of 1.18.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an "outperform" rating on shares of Black Diamond Group in a research note on Friday.

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.