Versum Materials (NYSE:VSM) issued its earnings results on Tuesday. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.57, MarketWatch Earnings reports. Versum Materials had a return on equity of 135.80% and a net margin of 17.37%. The company had revenue of $326.20 million for the quarter, compared to analysts’ expectations of $340.56 million. During the same period last year, the business earned $0.59 EPS. Versum Materials’s quarterly revenue was down 4.3% compared to the same quarter last year.
NYSE VSM remained flat at $$52.08 on Thursday. The company had a trading volume of 844,421 shares, compared to its average volume of 1,989,720. The stock has a market cap of $5.69 billion, a price-to-earnings ratio of 22.16 and a beta of 2.06. Versum Materials has a twelve month low of $25.02 and a twelve month high of $52.58. The company has a debt-to-equity ratio of 3.65, a current ratio of 4.82 and a quick ratio of 3.74.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 14th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Monday, May 13th. Versum Materials’s payout ratio is currently 13.62%.
Versum Materials Company Profile
Versum Materials, Inc develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries in the United States, Taiwan, South Korea, China, Europe, and rest of Asia. The company operates through two segments, Materials, and Delivery Systems and Services (DS&S).
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