Weis Markets (WMK) Releases Quarterly Earnings Results
Weis Markets (NYSE:WMK) announced its earnings results on Friday. The company reported $0.48 earnings per share for the quarter, AmericanBankingNews.com reports. The company had revenue of $691.90 million for the quarter, compared to the consensus estimate of $662.07 million.
Weis Markets (NYSE:WMK) traded up 0.42% during mid-day trading on Friday, hitting $42.84. 1,874 shares of the company’s stock traded hands. Weis Markets has a 52-week low of $42.54 and a 52-week high of $54.13. The stock has a 50-day moving average of $44.57 and a 200-day moving average of $47.09. The company has a market cap of $1.152 billion and a P/E ratio of 17.29.
The company also recently announced a quarterly dividend, which is scheduled for Monday, August 4th. Shareholders of record on Monday, July 21st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Thursday, July 17th.
Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states.
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