Bemis (NYSE:BMS) posted its quarterly earnings data on Thursday, October 25th. The industrial products company reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77, MarketWatch Earnings reports. Bemis had a net margin of 2.72% and a return on equity of 20.61%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Bemis updated its FY 2018 guidance to $2.77-2.82 EPS.
Bemis stock opened at $48.25 on Friday. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 2.35 and a beta of 0.92. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.78 and a quick ratio of 0.90. Bemis has a fifty-two week low of $40.86 and a fifty-two week 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 given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Wednesday, November 14th. Bemis’s dividend payout ratio is 51.88%.
Bemis Company Profile
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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