Bemis (NYSE:BMS) issued its quarterly earnings data on Monday. The industrial products company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.01, Bloomberg Earnings reports. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $1.01 billion. Bemis had a net margin of 5.27% and a return on equity of 21.20%. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.63 earnings per share.
NYSE:BMS opened at $55.40 on Monday. Bemis has a 12 month low of $40.86 and a 12 month high of $56.98. The company has a market capitalization of $5.05 billion, a PE ratio of 19.86, a PEG ratio of 2.53 and a beta of 0.90. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.88 and a current ratio of 1.76.
The company also recently declared a quarterly dividend, which will be paid on Monday, May 6th. Stockholders of record on Monday, April 29th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, April 26th. Bemis’s dividend payout ratio is 45.88%.
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 and thermoformed plastic packaging products.
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