National Beverage (FIZZ) Issues Quarterly Earnings Results
National Beverage (NASDAQ:FIZZ) announced its quarterly earnings results on Thursday. The company reported $0.88 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.01, Fidelity Earnings reports. The company had revenue of $260.71 million during the quarter, compared to analyst estimates of $273.40 million. National Beverage had a return on equity of 51.15% and a net margin of 15.90%.
Shares of FIZZ stock traded up $1.09 during trading hours on Friday, reaching $85.39. The company had a trading volume of 71,866 shares, compared to its average volume of 199,538. National Beverage has a twelve month low of $81.54 and a twelve month high of $127.32. The firm has a market cap of $3.94 billion, a P/E ratio of 26.77 and a beta of 1.11.
The business also recently announced a special dividend, which will be paid on Tuesday, January 29th. Stockholders of record on Friday, November 30th will be paid a $2.90 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This is a positive change from National Beverage’s previous special dividend of $1.50.
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National Beverage Company Profile
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.
Further Reading: Earnings Reports
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