CDI Corp. (CDI) Announces Quarterly Results
CDI Corp. (NYSE:CDI) posted its quarterly earnings results on Wednesday. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.03, American Banking & Market News reports. The company had revenue of $284.00 million for the quarter, compared to the consensus estimate of $272.50 million.
On a related note, analysts at TheStreet downgraded shares of CDI Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, May 15th.
CDI Corp. (NYSE:CDI) opened at 13.02 on Wednesday. CDI Corp. has a one year low of $12.91 and a one year high of $19.19. The stock’s 50-day moving average is $14.5 and its 200-day moving average is $15.89. The company has a market cap of $254.3 million and a price-to-earnings ratio of 21.50.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Wednesday, August 13th.
CDI Corp. (NYSE:CDI) is an integrated engineering and technology services company.
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