Bemis (NYSE:BMS) announced its quarterly earnings results on Thursday, October 25th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.77, MarketWatch Earnings reports. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. Bemis had a return on equity of 20.61% and a net margin of 2.72%. Bemis updated its FY 2018 guidance to $2.77-2.82 EPS.
Bemis stock traded down $0.10 during trading hours on Friday, hitting $48.13. The stock had a trading volume of 736,953 shares, compared to its average volume of 812,211. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 1.78. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 2.34 and a beta of 0.92. Bemis has a 1-year low of $40.86 and a 1-year high of $53.00.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Thursday, November 15th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.58%. The ex-dividend date is Wednesday, November 14th. Bemis’s dividend payout ratio (DPR) is 51.88%.
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Bemis Company, Inc manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. It operates through three segments: U.S. Packaging, Latin America Packaging, and Rest of World Packaging. The company offers multilayer polymer, blown, and cast film structures; and injection molded plastic, thermoformed plastic, and folding carton packaging products.
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