Briggs & Stratton Corp. (BGG) Posts Quarterly Results
Briggs & Stratton Corp. (NYSE:BGG) posted its quarterly earnings results on Friday. The company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.06, AR Network reports. The company had revenue of $628.40 million for the quarter, compared to the consensus estimate of $636.80 million. During the same quarter in the previous year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis.
Briggs & Stratton Corp. (NYSE:BGG) opened at 22.04 on Friday. Briggs & Stratton Corp. has a one year low of $18.21 and a one year high of $24.13. The stock has a 50-day moving average of $22.25 and a 200-day moving average of $20.98. The company’s market cap is $1.036 billion.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.18%.
Briggs & Stratton Corporation (NYSE:BGG) is a producer of air cooled gasoline engines for outdoor power equipment.
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