Time Out Group (LON:TMO) Posts Earnings Results

Time Out Group (LON:TMO) released its quarterly earnings results on Tuesday. The company reported GBX (1.90) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,975 million for the quarter. Time Out Group had a negative return on equity of 22,303.85% and a negative net margin of 87.11%.

Time Out Group Stock Performance

TMO traded down GBX 0.45 on Thursday, hitting GBX 7.80. The company had a trading volume of 37,694 shares, compared to its average volume of 72,109. The company’s fifty day moving average price is GBX 8.42 and its 200 day moving average price is GBX 10.27. Time Out Group has a 1-year low of GBX 7.80 and a 1-year high of GBX 34. The company has a debt-to-equity ratio of -314.47, a current ratio of 0.51 and a quick ratio of 0.38. The stock has a market cap of £40.77 million, a price-to-earnings ratio of -0.43 and a beta of 0.07.

Insider Buying and Selling at Time Out Group

In other news, insider Chris Ohlund acquired 1,250,000 shares of Time Out Group stock in a transaction dated Wednesday, January 7th. The stock was acquired at an average cost of GBX 8 per share, for a total transaction of £100,000. Also, insider Peter Adam Daiches Dubens acquired 72,280,288 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were purchased at an average cost of GBX 8 per share, with a total value of £5,782,423.04. Insiders have purchased a total of 73,780,288 shares of company stock worth $590,242,304 over the last 90 days. Insiders own 23.40% of the company’s stock.

Time Out Group Company Profile

Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through its two divisions – Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over the city – today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels.