Diamond Resorts International (DRII) Posts Quarterly Earnings, Beats Estimates By $0.16 EPS
Diamond Resorts International (NASDAQ:DRII) released its earnings data on Thursday. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.20) by $0.16, Stock Ratings News reports.
A number of research firms have recently commented on DRII. Analysts at Imperial Capital initiated coverage on shares of Diamond Resorts International in a research note on Monday, August 4th. They set an “outperform” rating and a $34.00 price target on the stock. On a related note, analysts at Credit Suisse reiterated an “outperform” rating on shares of Diamond Resorts International in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, analysts at JMP Securities raised their price target on shares of Diamond Resorts International from $26.00 to $28.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock.
Shares of Diamond Resorts International (NASDAQ:DRII) opened at 25.00 on Thursday. Diamond Resorts International has a one year low of $15.61 and a one year high of $26.33. The stock has a 50-day moving average of $23.54 and a 200-day moving average of $19.99. The company’s market cap is $1.888 billion.
Diamond Resorts International, Inc is engaged in the hospitality and vacation ownership industry, with an ownership base of more than 490,000 owner-families, or members, and a network of 296 vacation destinations located in 32 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia and Africa.
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