National Beverage (FIZZ) Posts Earnings Results, Beats Expectations By $0.04 EPS

National Beverage (NASDAQ:FIZZ) issued its quarterly earnings data on Thursday. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04, Briefing.com reports. National Beverage had a return on equity of 49.70% and a net margin of 13.38%. The company had revenue of $244.10 million during the quarter, compared to analysts’ expectations of $239.11 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. The business’s revenue was up 20.1% on a year-over-year basis.

Shares of National Beverage (NASDAQ:FIZZ) opened at $112.75 on Friday. National Beverage has a fifty-two week low of $45.40 and a fifty-two week high of $129.82. The firm has a market cap of $5,077.31, a PE ratio of 43.60 and a beta of 0.53.

FIZZ has been the topic of several analyst reports. Maxim Group reissued a “sell” rating and issued a $40.00 price objective (up previously from $33.00) on shares of National Beverage in a research note on Friday, September 8th. Susquehanna Bancshares began coverage on shares of National Beverage in a research report on Tuesday, October 3rd. They set a “neutral” rating and a $135.00 price target on the stock. UBS upgraded shares of National Beverage from a “neutral” rating to a “positive” rating in a report on Monday, November 20th. Finally, BidaskClub upgraded shares of National Beverage from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. National Beverage currently has a consensus rating of “Hold” and an average target price of $90.67.

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National Beverage Company Profile

National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.

Earnings History for National Beverage (NASDAQ:FIZZ)

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