National Beverage (NASDAQ:FIZZ) announced its quarterly earnings data on Wednesday. The company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.07, Fidelity Earnings reports. National Beverage had a return on equity of 40.07% and a net margin of 16.24%. The firm had revenue of $311.71 million for the quarter, compared to analyst estimates of $290.40 million.
National Beverage stock traded up $3.32 during trading hours on Friday, hitting $50.11. The stock had a trading volume of 19,637 shares, compared to its average volume of 714,981. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 27.14 and a beta of 1.11. National Beverage has a 1-year low of $33.97 and a 1-year high of $98.21. The stock’s fifty day moving average is $44.82 and its two-hundred day moving average is $47.60.
Separately, Zacks Investment Research raised National Beverage from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 31st.
National Beverage Corp. engages in the development, manufacture, market, and sale of flavored beverage products. Its brands include Big Shot, Clear Fruit, Crystal Bay, Everfresh, Everfresh Premier Varietals, Faygo, LaCroix, LaCroix Cúrate, Mr.Pure, Nicola, Ohana, Ritz, Rip It, Rip It 2oz Shot, Ritz and Shasta.
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