Fuller’s Brewery (FSTA) Posts Earnings Results, Beats Expectations By $0.40 EPS

Fuller’s Brewery (LON:FSTA) posted its quarterly earnings data on Friday. The company reported GBX 62.90 ($0.84) earnings per share for the quarter, topping the Zacks’ consensus estimate of GBX 62.50 ($0.83) by GBX 0.40 ($0.01), Bloomberg Earnings reports. Fuller’s Brewery had a return on equity of 12.13% and a net margin of 8.93%.

LON FSTA opened at GBX 960 ($12.78) on Friday. Fuller’s Brewery has a fifty-two week low of GBX 889.26 ($11.84) and a fifty-two week high of GBX 1,124 ($14.96).

The business also recently disclosed a dividend, which will be paid on Thursday, July 26th. Shareholders of record on Thursday, June 21st will be paid a dividend of GBX 12 ($0.16) per share. The ex-dividend date of this dividend is Thursday, June 21st. This represents a dividend yield of 1.25%. This is a positive change from Fuller’s Brewery’s previous dividend of $7.55.

A number of analysts have commented on the company. Peel Hunt reaffirmed an “add” rating and set a GBX 1,150 ($15.31) price target on shares of Fuller’s Brewery in a research report on Thursday, February 15th. Liberum Capital reduced their price objective on Fuller’s Brewery from GBX 1,140 ($15.18) to GBX 1,050 ($13.98) and set a “hold” rating for the company in a research note on Wednesday, February 28th. Finally, Numis Securities reiterated a “buy” rating on shares of Fuller’s Brewery in a research note on Friday.

Fuller’s Brewery Company Profile

Fuller, Smith & Turner P.L.C. operates managed pubs and hotels in the United Kingdom. The company operates in three segments: Managed Pubs and Hotels, Tenanted Inns, and The Fuller's Beer Company. The company also manages pubs operated by third parties under tenancy or lease agreements. In addition, the company is involved in the brewing and distribution of beer, cider, wines, spirits, and soft drinks.

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