Frisch’s Restaurants (FRS) Announces Quarterly Results
Frisch’s Restaurants (NYSE:FRS) issued its quarterly earnings data on Wednesday. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.11, StockRatingsNetwork.com reports. The company had revenue of $49.22 million for the quarter, compared to the consensus estimate of $48.52 million.
Frisch’s Restaurants (NYSE:FRS) opened at 25.52 on Wednesday. Frisch’s Restaurants has a 52-week low of $15.76 and a 52-week high of $26.89. The stock’s 50-day moving average is $24.51 and its 200-day moving average is $22.24. The company has a market cap of $129.6 million and a price-to-earnings ratio of 16.29.
The company also recently declared a quarterly dividend, which is scheduled for Friday, January 10th. Stockholders of record on Friday, December 27th will be given a dividend of 0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Tuesday, December 24th.
Frisch’s Restaurants, Inc, is a regional company that operates service family-style restaurants under the name Frisch’s Big Boy.
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