BBX Capital (NYSE:BBX) will be posting its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect BBX Capital to post earnings of $0.02 per share for the quarter.
BBX Capital (NYSE:BBX) last issued its quarterly earnings data on Monday, May 6th. The financial services provider reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.03). The firm had revenue of $221.06 million for the quarter, compared to analysts’ expectations of $209.85 million. BBX Capital had a net margin of 4.99% and a return on equity of 7.82%. On average, analysts expect BBX Capital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
BBX traded down $0.06 on Thursday, hitting $4.25. The company had a trading volume of 18,447 shares, compared to its average volume of 133,491. The firm has a market cap of $415.48 million, a P/E ratio of 7.50 and a beta of 1.79. BBX Capital has a 12-month low of $3.83 and a 12-month high of $9.06. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.23. The company’s fifty day moving average is $4.53.
The business also recently declared a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 5th were given a $0.013 dividend. The ex-dividend date of this dividend was Wednesday, July 3rd. This represents a $0.05 annualized dividend and a yield of 1.22%. This is a positive change from BBX Capital’s previous quarterly dividend of $0.01.
Separately, Zacks Investment Research upgraded BBX Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th.
BBX Capital Company Profile
BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.
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