Castle Brands (NYSEAMERICAN:ROX) issued its earnings results on Thursday. The company reported $0.00 EPS for the quarter, Fidelity Earnings reports. The firm had revenue of $24.07 million for the quarter, compared to analyst estimates of $24.48 million. Castle Brands had a return on equity of 55.84% and a net margin of 2.76%.
Shares of Castle Brands traded down $0.07, reaching $1.20, during midday trading on Friday, Marketbeat reports. 950,345 shares of the company’s stock traded hands, compared to its average volume of 289,470. Castle Brands has a 1 year low of $0.98 and a 1 year high of $1.93.
A number of equities research analysts recently commented on the company. Zacks Investment Research lowered Castle Brands from a “buy” rating to a “hold” rating in a research report on Thursday, April 12th. Barrington Research set a $2.00 price objective on Castle Brands and gave the stock a “buy” rating in a research report on Monday, June 11th.
About Castle Brands
Castle Brands Inc develops, markets, imports, and sells beverage alcohol and non-alcoholic beverage products in the United States and internationally. Its product categories include rum, whiskey, liqueurs, vodka, tequila, wine, and other spirits, as well as ginger beer and ready-to-drink cocktails. The company offers its products under the Goslings rum, Goslings Stormy Ginger Beer, Goslings Dark ?n Stormy, Jefferson's, Jefferson's Reserve, Jefferson's Ocean Aged at Sea, Jefferson's Wine Finish Collection, Jefferson's The Manhattan, Jefferson's Chef's Collaboration, Jefferson's Wood Experiment, Jefferson's Presidential Select, Jefferson's Straight Rye, Pallini, Clontarf, Knappogue Castle Whiskey, Brady's, Boru, Tierras, Celtic Honey, Gozio, The Arran Malt, The Robert Burns, and Machrie Moor brands through a network of wholesale distributors and state-operated agencies.
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