Arena Events Group (ARE) Posts Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Arena Events Group (LON:ARE) posted its earnings results on Wednesday. The company reported GBX 3.50 ($0.05) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 3.30 ($0.05) by GBX 0.20 ($0.00), Digital Look Earnings reports.

Shares of LON ARE opened at GBX 52.39 ($0.74) on Thursday. Arena Events Group has a 12-month low of GBX 56 ($0.79) and a 12-month high of GBX 66 ($0.93).

The firm also recently disclosed a dividend, which will be paid on Thursday, July 5th. Stockholders of record on Thursday, June 7th will be given a dividend of GBX 0.90 ($0.01) per share. The ex-dividend date of this dividend is Thursday, June 7th. This is an increase from Arena Events Group’s previous dividend of $0.45. This represents a dividend yield of 1.75%.

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About Arena Events Group

Arena Events Group PLC, through its subsidiaries, engages in the turnkey event design and delivery business. It specializes in providing temporary event environments, large-scale event project management, and specialist event equipment available for hire or purchase. The company offers temporary physical structures, seating, ice rinks, furniture, and interiors.

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