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

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

Diversified Royalty Price Performance

OTCMKTS:BEVFF traded up $0.03 during trading hours on Tuesday, reaching $1.94. 15,006 shares of the company traded hands, compared to its average volume of 12,222. Diversified Royalty has a 1-year low of $1.73 and a 1-year high of $2.25. The stock has a market cap of $325.19 million, a P/E ratio of 12.96 and a beta of 1.32. The firm’s 50-day moving average is $1.96 and its 200-day moving average is $2.07. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.28 and a quick ratio of 4.28.

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.