Empiric Student Property (LON:ESP) Releases Quarterly Earnings Results

Empiric Student Property (LON:ESP) released its quarterly earnings data on Friday. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Empiric Student Property had a net margin of 65.69% and a return on equity of 7.23%.

Empiric Student Property Stock Up 0.1 %

Shares of LON ESP opened at GBX 80 ($1.03) on Friday. Empiric Student Property has a 1 year low of GBX 78.10 ($1.01) and a 1 year high of GBX 100 ($1.29). The company has a market capitalization of £529.93 million, a price-to-earnings ratio of 8.98, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 53.27, a current ratio of 1.45 and a quick ratio of 1.06. The business has a 50-day moving average of GBX 82.48 and a two-hundred day moving average of GBX 88.68.

About Empiric Student Property

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities.
Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust (“REIT”) incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.