Ricardo (RCDO) Posts Quarterly Earnings Results, Beats Expectations By $1.40 EPS
Ricardo (LON:RCDO) released its earnings results on Thursday. The company reported GBX 57.30 ($0.75) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 55.90 ($0.73) by GBX 1.40 ($0.02), Bloomberg Earnings reports. Ricardo had a return on equity of 20.93% and a net margin of 8.32%.
RCDO stock opened at GBX 880 ($11.46) on Friday. Ricardo has a 1-year low of GBX 691 ($9.00) and a 1-year high of GBX 1,028.18 ($13.39).
The firm also recently declared a dividend, which will be paid on Friday, November 23rd. Stockholders of record on Thursday, November 8th will be paid a GBX 14.71 ($0.19) dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a dividend yield of 1.72%. This is a boost from Ricardo’s previous dividend of $5.75.
Ricardo Company Profile
Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, supply chain organizations, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.
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