Black Diamond Group (BDIMF) Expected to Announce Earnings on Thursday

Black Diamond Group (OTCMKTS:BDIMF) is projected to post its results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $0.0662 per share and revenue of $91.5740 million for the quarter.

Black Diamond Group (OTCMKTS:BDIMF) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.04). Black Diamond Group had a return on equity of 8.38% and a net margin of 6.53%.The business had revenue of $93.46 million for the quarter, compared to analysts’ expectations of $88.74 million.

Black Diamond Group Price Performance

Black Diamond Group stock opened at $14.17 on Thursday. Black Diamond Group has a 52-week low of $8.20 and a 52-week high of $14.58. The firm has a fifty day moving average of $13.41 and a 200-day moving average of $12.48. The firm has a market capitalization of $982.69 million, a P/E ratio of 40.49 and a beta of 0.73. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.85.

Analysts Set New Price Targets

Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Black Diamond Group in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

About Black Diamond Group

Black Diamond Group Limited, trading on the OTC Markets under the symbol BDIMF, is a provider of cloud-based wealth management technology. Its flagship offering, the Black Diamond® Wealth Platform, delivers portfolio accounting, performance reporting, rebalancing, trading and client portal capabilities through a software-as-a-service model. The platform is designed to meet the needs of registered investment advisers, family offices, broker-dealers and institutional asset managers seeking a unified system for portfolio management and client servicing.

The company supports a wide range of account types and investment strategies, incorporating tools for multi-currency accounting, customizable reporting and business intelligence.