Escalade (NASDAQ:ESCA) Announces Earnings Results, Misses Expectations By $0.01 EPS

Escalade (NASDAQ:ESCA) issued its earnings results on Wednesday. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01), Zacks reports. The company had revenue of $251.51 million during the quarter, compared to analysts’ expectations of $62.20 million. Escalade had a return on equity of 7.17% and a net margin of 5.20%.

Escalade Stock Down 2.2 %

ESCA stock traded down $0.34 during midday trading on Thursday, reaching $15.39. 256 shares of the company were exchanged, compared to its average volume of 17,228. Escalade has a 1-year low of $12.34 and a 1-year high of $16.99. The company has a market cap of $213.57 million, a price-to-earnings ratio of 16.37 and a beta of 1.27. The stock’s 50-day simple moving average is $14.96 and its 200 day simple moving average is $14.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45.

Escalade Company Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.