Escalade (NASDAQ:ESCA) Announces Earnings Results, Misses Expectations By $0.01 EPS

Escalade (NASDAQ:ESCA) posted its earnings results on Wednesday. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01), Zacks reports. Escalade had a return on equity of 7.17% and a net margin of 5.20%. The business had revenue of $251.51 million for the quarter, compared to analyst estimates of $62.20 million.

Escalade Stock Performance

ESCA traded up $0.24 on Friday, hitting $15.01. The company had a trading volume of 5,235 shares, compared to its average volume of 17,136. The stock has a market cap of $208.22 million, a price-to-earnings ratio of 15.96 and a beta of 1.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.45 and a quick ratio of 1.41. The company’s fifty day moving average price is $14.96 and its 200 day moving average price is $14.44. Escalade has a 1-year low of $12.34 and a 1-year high of $16.99.

Escalade Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, April 7th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Monday, April 7th. Escalade’s payout ratio is 65.22%.

Escalade Company Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.