Boston Omaha (NYSE:BOC) Issues Quarterly Earnings Results

Boston Omaha (NYSE:BOCGet Free Report) posted its quarterly earnings data on Friday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.06), Zacks reports. Boston Omaha had a negative net margin of 6.56% and a negative return on equity of 1.08%. The firm had revenue of $25.55 million during the quarter, compared to analysts’ expectations of $25.50 million.

Boston Omaha Trading Up 0.1 %

Shares of BOC stock opened at $13.80 on Friday. The company has a 50 day moving average of $15.57 and a 200-day moving average of $15.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.56 and a current ratio of 2.92. Boston Omaha has a 12-month low of $13.55 and a 12-month high of $21.58.

Wall Street Analyst Weigh In

Separately, TD Cowen decreased their price target on shares of Boston Omaha from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday, April 2nd.

View Our Latest Analysis on BOC

About Boston Omaha

(Get Free Report)

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.

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Earnings History for Boston Omaha (NYSE:BOC)

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