National Beverage (FIZZ) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

National Beverage (NASDAQ:FIZZ) posted its quarterly earnings results on Thursday. The company reported $0.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.04, Briefing.com reports. National Beverage had a net margin of 13.38% and a return on equity of 49.70%. The firm had revenue of $244.10 million during the quarter, compared to analyst estimates of $239.11 million. During the same quarter in the prior year, the business posted $0.53 earnings per share. The company’s quarterly revenue was up 20.1% compared to the same quarter last year.

Shares of National Beverage (NASDAQ:FIZZ) opened at $112.75 on Friday. The firm has a market cap of $5,077.31, a P/E ratio of 43.60 and a beta of 0.53. National Beverage has a fifty-two week low of $45.40 and a fifty-two week high of $129.82.

Several analysts have recently weighed in on FIZZ shares. BidaskClub raised shares of National Beverage from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. Susquehanna Bancshares set a $150.00 price objective on shares of National Beverage and gave the stock a “buy” rating in a report on Monday. Maxim Group reaffirmed a “sell” rating and set a $40.00 price objective (up previously from $33.00) on shares of National Beverage in a report on Friday, September 8th. Finally, UBS raised shares of National Beverage from a “neutral” rating to a “positive” rating in a report on Monday, November 20th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. National Beverage presently has a consensus rating of “Hold” and a consensus target price of $90.67.

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About National Beverage

National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.

Earnings History for National Beverage (NASDAQ:FIZZ)

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