Diversified Royalty (OTCMKTS:BEVFF) Posts Earnings Results, Beats Expectations By $0.01 EPS

Diversified Royalty (OTCMKTS:BEVFF) released its earnings results on Monday. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01, Zacks reports. Diversified Royalty had a return on equity of 11.44% and a net margin of 49.26%. The firm had revenue of $12.75 million during the quarter, compared to analyst estimates of $17.81 million.

Diversified Royalty Trading Up 1.8 %

Shares of BEVFF stock traded up $0.03 during trading hours on Tuesday, hitting $1.94. 15,006 shares of the company were exchanged, compared to its average volume of 12,222. The firm has a fifty day moving average of $1.96 and a 200 day moving average of $2.07. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. Diversified Royalty has a 1 year low of $1.73 and a 1 year high of $2.25. The firm has a market cap of $325.19 million, a PE ratio of 12.96 and a beta of 1.32.

Diversified Royalty Company Profile

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.