Reach (LON:RCH) Announces 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 - Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX 10.70 ($0.14) EPS for the quarter, Digital Look Earnings reports. Reach had a return on equity of 6.35% and a net margin of 7.49%.

Reach Stock Down 0.7%

Reach stock traded down GBX 0.50 ($0.01) during midday trading on Wednesday, reaching GBX 69.80 ($0.93). The stock had a trading volume of 915,662 shares, compared to its average volume of 841,349. The company has a market capitalization of £220.25 million, a P/E ratio of 5.31, a PEG ratio of -0.37 and a beta of 1.01. The company has a current ratio of 0.76, a quick ratio of 0.98 and a debt-to-equity ratio of 8.27. The company has a fifty day moving average price of GBX 73.54 and a two-hundred day moving average price of GBX 76.71. Reach has a 12 month low of GBX 63.10 ($0.84) and a 12 month high of GBX 112.80 ($1.51).

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.