Analysts Expect Permianville Royalty Trust (PVL) to Post $0.03 Earnings Per Share

Analysts predict that Permianville Royalty Trust (NYSE:PVL) will report $0.03 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Permianville Royalty Trust’s earnings. Permianville Royalty Trust posted earnings of $0.04 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 25%. The business is scheduled to issue its next quarterly earnings results on Friday, November 2nd.

According to Zacks, analysts expect that Permianville Royalty Trust will report full year earnings of $0.18 per share for the current year. For the next financial year, analysts expect that the firm will post earnings of $0.07 per share. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Permianville Royalty Trust.

Permianville Royalty Trust (NYSE:PVL) last issued its earnings results on Wednesday, August 8th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.08. The firm had revenue of $13.61 million during the quarter. Permianville Royalty Trust had a net margin of 98.57% and a return on equity of 49.87%.

NYSE:PVL opened at $2.74 on Wednesday. Permianville Royalty Trust has a 1-year low of $2.59 and a 1-year high of $4.41. The stock has a market capitalization of $98.67 million, a P/E ratio of 2.01 and a beta of 0.36.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be paid a $0.0071 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Tuesday, October 30th. Permianville Royalty Trust’s dividend payout ratio (DPR) is presently 33.82%.

Permianville Royalty Trust Company Profile

Permianville Royalty Trust operates a statutory trust. It owns a net profits interest representing the right to receive an 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico held by Enduro Resource Partners LLC.

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