Park Group (LON:PARK) Releases Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Park Group (LON:PARK) issued its quarterly earnings results on Wednesday. The company reported GBX 5.43 ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 5.20 ($0.07) by GBX 0.23 ($0.00), Bloomberg Earnings reports.

Shares of LON PARK opened at GBX 68.27 ($0.89) on Thursday. The firm has a market capitalization of $127.22 million and a P/E ratio of 11.77. Park Group has a 52-week low of GBX 63 ($0.82) and a 52-week high of GBX 82.50 ($1.08).

The business also recently announced a dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, August 22nd will be issued a GBX 2.15 ($0.03) dividend. This represents a dividend yield of 3.15%. This is a boost from Park Group’s previous dividend of $1.05. The ex-dividend date of this dividend is Thursday, August 22nd. Park Group’s payout ratio is presently 0.34%.

Separately, Liberum Capital began coverage on Park Group in a report on Wednesday. They issued a “buy” rating and a GBX 80 ($1.05) target price on the stock.

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About Park Group

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions.

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