Redde PLC (REDD) Issues Quarterly Earnings Results, Misses Estimates By $0.01 EPS
Redde PLC (LON:REDD) posted its quarterly earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01, reports. Redde PLC had a return on equity of 16.94% and a net margin of 5.99%.
Redde PLC (LON REDD) opened at 174.00 on Friday. The firm’s market cap is GBX 528.89 million. Redde PLC has a 52-week low of GBX 115.00 and a 52-week high of GBX 209.75. The company has a 50-day moving average of GBX 156.01 and a 200 day moving average of GBX 160.34.
Separately, J P Morgan Chase & Co started coverage on shares of Redde PLC in a research report on Friday, September 1st. They issued an “overweight” rating and a GBX 193 ($2.49) price target for the company.
About Redde PLC
Redde plc is a holding company. The Company is engaged in providing non-fault accident management assistance and related services, fleet management and legal services. The Company offers a range of motor claims accident management services, including vehicle replacement and repair management together with full claims-handling assistance, as well as legal and other personalized services.
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