Arko (NASDAQ:ARKO – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.07), Yahoo Finance reports. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.41 billion. Arko had a net margin of 0.39% and a return on equity of 13.20%. During the same period in the prior year, the firm posted $0.11 earnings per share.
Arko Stock Performance
Shares of Arko stock traded down $0.13 during trading on Thursday, hitting $6.43. 409,882 shares of the stock were exchanged, compared to its average volume of 388,422. The stock has a market capitalization of $744.23 million, a price-to-earnings ratio of 24.73 and a beta of 0.45. The company has a fifty day moving average price of $6.15 and a 200-day moving average price of $6.13. Arko has a 1-year low of $4.09 and a 1-year high of $8.42. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 4.13.
Arko Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Monday, August 19th will be paid a dividend of $0.03 per share. The ex-dividend date is Monday, August 19th. This represents a $0.12 annualized dividend and a dividend yield of 1.87%. Arko’s dividend payout ratio is presently 46.15%.
Analyst Ratings Changes
Get Our Latest Stock Report on ARKO
Arko Company Profile
Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.
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