Escalade (NASDAQ:ESCA) Announces Earnings Results

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

Escalade Stock Performance

Shares of ESCA stock traded up $0.24 during trading hours on Friday, reaching $15.01. 5,235 shares of the company’s stock were exchanged, compared to its average volume of 17,136. Escalade has a fifty-two week low of $12.34 and a fifty-two week high of $16.99. The company has a quick ratio of 1.41, a current ratio of 3.45 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $208.22 million, a P/E ratio of 15.96 and a beta of 1.27. The business has a fifty day moving average price of $14.96 and a 200-day moving average price of $14.44.

Escalade Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, April 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Monday, April 7th. Escalade’s dividend payout ratio (DPR) is currently 65.22%.

About Escalade

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.