WD-40 (WDFC) Announces Quarterly Earnings, Beats Estimates By $0.08 EPS
WD-40 (NASDAQ:WDFC) posted its quarterly earnings results on Thursday. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.08, AnalystRatings.NET reports. The company had revenue of $93.50 million for the quarter, compared to the consensus estimate of $90.05 million.
Shares of WD-40 (NASDAQ:WDFC) traded up 0.76% during mid-day trading on Thursday, hitting $66.50. The stock had a trading volume of 52,823 shares. WD-40 has a one year low of $45.12 and a one year high of $66.50. The stock has a 50-day moving average of $62.37 and a 200-day moving average of $57.77. The company has a market cap of $1.018 billion and a P/E ratio of 25.69.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 31st. Shareholders of record on Monday, October 21st will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Thursday, October 17th.
On a related note, analysts at Sidoti initiated coverage on shares of WD-40 in a research note to investors on Thursday, August 15th. They set a “neutral” rating on the stock.
WD-40 Company is a global consumer products company dedicated to delivering solutions for a range of maintenance needs of doer and on-the-job users.
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