A&W REVENUE IF (TSE:AW) Posts Earnings Results

A&W REVENUE IF (TSE:AW) announced its earnings results on Thursday. The company reported C$0.57 EPS for the quarter, reports. The business had revenue of C$59.39 million during the quarter.

A&W REVENUE IF Price Performance

Shares of AW stock traded down C$0.03 during midday trading on Thursday, reaching C$36.55. 13,157 shares of the company traded hands, compared to its average volume of 8,171. The firm’s 50 day simple moving average is C$36.84 and its two-hundred day simple moving average is C$37.10. A&W REVENUE IF has a 1-year low of C$32.07 and a 1-year high of C$40.44. The firm has a market cap of C$877.49 million and a PE ratio of 15.96.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reduced their target price on shares of A&W REVENUE IF from C$42.00 to C$40.00 and set a “sector perform” rating for the company in a report on Friday, March 6th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, A&W REVENUE IF has a consensus rating of “Hold” and a consensus price target of C$40.00.

A&W REVENUE IF Company Profile

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.