Castle Brands (NYSEAMERICAN:ROX) posted its quarterly earnings results on Thursday. The company reported $0.00 EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.01), Fidelity Earnings reports. Castle Brands had a return on equity of 55.84% and a net margin of 2.76%. The business had revenue of $23.10 million for the quarter, compared to the consensus estimate of $22.48 million.
Castle Brands stock opened at $1.20 on Friday. Castle Brands has a 52 week low of $0.98 and a 52 week high of $1.69.
Separately, Barrington Research set a $2.00 price target on Castle Brands and gave the stock a “buy” rating in a report on Monday, June 11th.
Castle Brands Inc, together with its subsidiaries, develops, markets, imports, and sells beverage alcohol and non-alcoholic beverage products in the United States, Canada, Europe, and Asia. The company offers premium and super premium rums, whiskey, liqueurs, vodka, tequila, wine, amaretto, and other spirits, as well as ginger beer and ready-to-drink cocktails.
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