Tricorn Group (TCN) Issues Earnings Results, Beats Estimates By $0.02 EPS
Tricorn Group (LON:TCN) issued its quarterly earnings data on Monday. The company reported GBX 3.02 ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 3 ($0.04) by GBX 0.02 ($0.00), Bloomberg Earnings reports.
Shares of LON TCN opened at GBX 18.98 ($0.25) on Tuesday. The company has a debt-to-equity ratio of 57.76, a current ratio of 1.10 and a quick ratio of 0.72. The firm has a market cap of $6.25 million and a price-to-earnings ratio of 7.91. Tricorn Group has a 1 year low of GBX 14 ($0.18) and a 1 year high of GBX 39 ($0.51).
The company also recently declared a dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 0.20 ($0.00) per share. This is a positive change from Tricorn Group’s previous dividend of $0.13. This represents a yield of 1.08%. The ex-dividend date is Thursday, October 3rd.
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About Tricorn Group
Tricorn Group plc manufactures and supplies pipe and tubing assemblies for companies worldwide. It operates through two segments, Transportation and Energy. The Energy segment provides manipulated tubular assemblies for use in power generation, oil and gas, and marine sectors. The Transportation segment offers ferrous, non-ferrous, and nylon material tubular assemblies for use in on- and off-highway applications.
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