Raven Industries (NASDAQ:RAVN) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Raven Industries (NASDAQ:RAVN) released its quarterly earnings data on Tuesday. The conglomerate reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.01, Yahoo Finance reports. Raven Industries had a return on equity of 12.51% and a net margin of 9.76%.

Shares of NASDAQ RAVN opened at $34.07 on Wednesday. The stock has a market cap of $1.22 billion, a PE ratio of 31.76 and a beta of 1.44. Raven Industries has a 52-week low of $27.32 and a 52-week high of $42.89. The business has a 50-day moving average price of $33.98 and a 200 day moving average price of $34.01.

Several research analysts have recently issued reports on RAVN shares. ValuEngine raised Raven Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. BidaskClub cut Raven Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th.

Raven Industries Company Profile

Raven Industries, Inc, a technology company, provides various products to customers in the industrial, agricultural, geomembrane, construction, commercial lighter-than-air, and aerospace and defense markets worldwide. It operates through three segments: Applied Technology, Engineered Films, and Aerostar.

Further Reading: Conference Calls and Individual Investors

Earnings History for Raven Industries (NASDAQ:RAVN)

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