Reach (LON:RCH) Posts Earnings Results

Key Points

• Reach (LON:RCH) reported earnings of GBX 10.70 ($0.14) per share, with a net margin of 7.49% and a return on equity of 6.35%.
• The company's stock fell 5.1% to open at GBX 74 ($0.99) on Friday, continuing a trend within a 52-week range of GBX 63.10 to GBX 112.80.
• Reach is the largest commercial news publisher in the UK and Ireland, overseeing over 120 trusted brands, including national outlets like the Mirror and the Daily Express.

Reach (LON:RCH - ) released its quarterly earnings results on Thursday. The company reported GBX 10.70 ($0.14) earnings per share for the quarter, Digital Look Earnings reports. Reach had a net margin of 7.49% and a return on equity of 6.35%.

Reach Stock Down 5.1%

RCH opened at GBX 74 ($0.99) on Friday. The company has a debt-to-equity ratio of 8.27, a current ratio of 0.76 and a quick ratio of 0.98. The company's 50-day moving average is GBX 73.68 and its 200 day moving average is GBX 76.75. Reach has a fifty-two week low of GBX 63.10 ($0.85) and a fifty-two week high of GBX 112.80 ($1.52). The firm has a market capitalization of £233.51 million, a P/E ratio of 5.63, a PEG ratio of -0.37 and a beta of 1.01.

About Reach

Reach plc is the UK's and Ireland's largest commercial news publisher. It is home to over 120 trusted brands, from national titles like the Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News. With a purpose to enlighten, empower and entertain through brilliant journalism, these brands deliver the latest news, entertainment and sport to communities throughout the UK and Ireland and around the world every day.

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