Ardagh Group (NYSE:ARD) posted its earnings results on Thursday, October 25th. The company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.01), Fidelity Earnings reports. The company had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.32 billion. Ardagh Group had a net margin of 0.94% and a negative return on equity of 30.73%. Ardagh Group updated its FY 2018 guidance to $1.60-1.70 EPS.
Shares of ARD traded down $0.34 during mid-day trading on Friday, reaching $13.69. 75,641 shares of the company’s stock were exchanged, compared to its average volume of 94,579. The firm has a market cap of $261.83 million, a PE ratio of 7.44 and a beta of 0.92. Ardagh Group has a 52-week low of $13.00 and a 52-week high of $21.82.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 16th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.09%. Ardagh Group’s dividend payout ratio (DPR) is presently 15.22%.
Ardagh Group Company Profile
Ardagh Group SA manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates in four segments: Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. Its metal packaging products include aluminum and steel beverage cans; two-piece aluminum, two-piece tinplate, and three-piece tinplate food and specialty cans; and a range of can ends, including easy-open and peelable ends.
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