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

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

Shares of PARK stock traded up GBX 0.92 ($0.01) during trading on Friday, hitting GBX 69.43 ($0.91). 60,831 shares of the stock traded hands. The firm has a market cap of $129.37 million and a PE ratio of 11.97. Park Group has a 52-week low of GBX 63 ($0.82) and a 52-week high of GBX 82.50 ($1.08).

The business also recently announced a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Thursday, August 22nd will be issued a dividend of GBX 2.15 ($0.03) per share. This is a boost from Park Group’s previous dividend of $1.05. This represents a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, August 22nd. Park Group’s payout ratio is currently 0.34%.

Separately, Liberum Capital assumed coverage on Park Group in a report on Wednesday. They set a “buy” rating and a GBX 80 ($1.05) price objective for the company.

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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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