Diversified Royalty (BEVFF) to Release Earnings on Wednesday

Diversified Royalty (OTCMKTS:BEVFF - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $16.50 million for the quarter.

Diversified Royalty (OTCMKTS:BEVFF - Get Free Report) last issued its earnings results on Monday, March 24th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01. The company had revenue of $12.75 million during the quarter, compared to the consensus estimate of $17.81 million. Diversified Royalty had a net margin of 49.26% and a return on equity of 11.44%.

Diversified Royalty Price Performance

Shares of OTCMKTS BEVFF traded up $0.03 during mid-day trading on Monday, reaching $2.09. The company's stock had a trading volume of 15,143 shares, compared to its average volume of 13,745. The stock has a fifty day moving average of $1.96 and a two-hundred day moving average of $2.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.28 and a quick ratio of 4.28. Diversified Royalty has a 52 week low of $1.73 and a 52 week high of $2.25. The firm has a market capitalization of $350.97 million, a PE ratio of 13.96 and a beta of 0.94.

Wall Street Analyst Weigh In

Separately, CIBC reissued a "neutral" rating on shares of Diversified Royalty in a report on Tuesday, March 25th.

About Diversified Royalty

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.