Diversified Royalty (OTCMKTS:BEVFF) Posts Earnings Results, Beats Expectations By $0.01 EPS

Diversified Royalty (OTCMKTS:BEVFF) announced its earnings results on Monday. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01, Zacks reports. Diversified Royalty had a return on equity of 11.44% and a net margin of 49.26%.

Diversified Royalty Price Performance

Shares of OTCMKTS BEVFF traded up $0.03 during trading on Monday, hitting $1.94. The company had a trading volume of 15,006 shares, compared to its average volume of 12,213. Diversified Royalty has a fifty-two week low of $1.73 and a fifty-two week high of $2.25. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. The stock has a fifty day simple moving average of $1.96 and a two-hundred day simple moving average of $2.07. The firm has a market capitalization of $325.19 million, a price-to-earnings ratio of 12.96 and a beta of 1.32.

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.