World Point Terminals (WPT) Posts Quarterly Earnings Results, Meets Expectations
World Point Terminals (NYSE:WPT) issued its quarterly earnings data on Wednesday. The company reported $0.27 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.27, StockRatingsNetwork reports. The company had revenue of $22.41 million for the quarter, compared to the consensus estimate of $22.49 million.
Shares of World Point Terminals (NYSE:WPT) traded up 2.02% on Wednesday, hitting $18.65. The stock had a trading volume of 27,308 shares. World Point Terminals has a 1-year low of $17.26 and a 1-year high of $23.70. The stock has a 50-day moving average of $19.00 and a 200-day moving average of $20.27. The company has a market cap of $621.3 million and a P/E ratio of 38.24.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 14th. Investors of record on Monday, July 28th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.56%. The ex-dividend date is Thursday, July 24th.
World Point Terminals, LP is a fee-based Delaware limited partnership formed to own, operate, develop and acquire terminals and other assets relating to the storage of light refined products, heavy refined products and crude oil.
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