Park Group (LON:PARK) Posts Earnings Results, Beats Estimates By $0.23 EPS

Park Group (LON:PARK) posted its quarterly earnings data on Wednesday. The company reported GBX 5.43 ($0.07) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 5.20 ($0.07) by GBX 0.23 ($0.00), Bloomberg Earnings reports.

Shares of PARK opened at GBX 69.50 ($0.91) on Friday. Park Group has a 52-week low of GBX 63 ($0.82) and a 52-week high of GBX 82.50 ($1.08). The company has a market capitalization of $127.65 million and a price-to-earnings ratio of 11.98.

The firm also recently declared a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Thursday, August 22nd will be paid a GBX 2.15 ($0.03) dividend. The ex-dividend date is Thursday, August 22nd. This is a positive change from Park Group’s previous dividend of $1.05. This represents a yield of 3.15%. Park Group’s payout ratio is 0.34%.

Separately, Liberum Capital began coverage on Park Group in a research note on Wednesday. They issued a “buy” rating and a GBX 80 ($1.05) price objective on the stock.

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About Park Group

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.

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