North American Income Trust (LON:NAIT) Posts Earnings Results

Key Points

• North American Income Trust reported quarterly earnings per share of GBX 12.89 on revenue of GBX 2,001 million, with a net margin of 86.45% and return on equity of 8.58%.
• Shares traded up to GBX 410.60, valuing the company at £471.10 million with a price-to-earnings ratio of 13.62, close to its 12‑month high of GBX 413.
• Insider John Adebiyi bought 117 shares at an average price of GBX 387, and corporate insiders own about 0.99% of the stock.

North American Income Trust (LON:NAIT - ) announced its quarterly earnings results on Friday. The company reported GBX 12.89 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,001 million for the quarter. North American Income Trust had a net margin of 86.45% and a return on equity of 8.58%.

North American Income Trust Price Performance

Shares of LON NAIT traded up GBX 2.60 during midday trading on Friday, reaching GBX 410.60. 129,462 shares of the stock were exchanged, compared to its average volume of 134,215. The business has a 50-day simple moving average of GBX 392.84 and a two-hundred day simple moving average of GBX 376.79. The company has a market capitalization of £471.10 million, a price-to-earnings ratio of 13.62 and a beta of 0.88. North American Income Trust has a 12 month low of GBX 295 and a 12 month high of GBX 413.

Insider Buying and Selling at North American Income Trust

In other news, insider John Adebiyi purchased 117 shares of North American Income Trust stock in a transaction dated Tuesday, February 3rd. The shares were bought at an average cost of GBX 387 per share, with a total value of £452.79. 0.99% of the stock is currently owned by corporate insiders.

North American Income Trust Company Profile

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