Diversified Royalty (BEVFF) Projected to Post Earnings on Wednesday

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

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

Diversified Royalty Stock Performance

OTCMKTS:BEVFF traded up $0.03 during trading hours on Friday, reaching $2.09. The company had a trading volume of 15,143 shares, compared to its average volume of 13,745. 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 1-year low of $1.73 and a 1-year high of $2.25. The business's 50 day moving average price is $1.96 and its 200-day moving average price is $2.03. The firm has a market cap 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.

Diversified Royalty Company Profile

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.