Diversified Royalty (OTCMKTS:BEVFF) Issues Earnings Results, Beats Estimates By $0.01 EPS

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

Diversified Royalty Stock Performance

Shares of BEVFF stock opened at $1.94 on Wednesday. The company has a market cap of $325.02 million, a P/E ratio of 12.95 and a beta of 1.32. The firm has a fifty day moving average price of $1.95 and a 200 day moving average price of $2.07. The company has a current ratio of 4.28, a quick ratio of 4.28 and a debt-to-equity ratio of 0.91. Diversified Royalty has a 12 month low of $1.73 and a 12 month high of $2.25.

About Diversified Royalty

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.