Raven Industries (NASDAQ:RAVN) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS
Raven Industries (NASDAQ:RAVN) released its quarterly earnings results on Monday. The conglomerate reported $0.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.04, Fidelity Earnings reports. The firm had revenue of $85.76 million for the quarter. Raven Industries had a net margin of 9.20% and a return on equity of 11.92%.
Shares of NASDAQ RAVN opened at $20.52 on Thursday. The firm has a market cap of $711.99 million, a price-to-earnings ratio of 21.15 and a beta of 1.45. Raven Industries has a 52-week low of $16.01 and a 52-week high of $40.26. The business’s 50 day moving average is $27.33 and its two-hundred day moving average is $32.37.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, April 13th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, April 9th.
Raven Industries Company Profile
Raven Industries, Inc, a technology company, provides various products to customers in the industrial, agricultural, geomembrane, construction, commercial lighter-than-air, and aerospace and defense markets worldwide. It operates through three segments: Applied Technology, Engineered Films, and Aerostar.
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