EACO (OTCMKTS:EACO) Posts Earnings Results

EACO (OTCMKTS:EACO) issued its quarterly earnings results on Wednesday. The financial services provider reported $2.77 earnings per share (EPS) for the quarter, Zacks reports. EACO had a return on equity of 25.29% and a net margin of 8.47%.The business had revenue of $142.35 million for the quarter.

EACO Trading Up 17.4%

Shares of OTCMKTS:EACO opened at $101.01 on Friday. The business’s 50-day moving average is $98.72 and its 200 day moving average is $90.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.54 and a quick ratio of 1.86. EACO has a 1 year low of $53.00 and a 1 year high of $110.00. The firm has a market capitalization of $490.91 million, a P/E ratio of 11.84 and a beta of 0.33.

About EACO

EACO Corporation, through its subsidiary, Bisco Industries, Inc, distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally. It offers electronic components, such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as various fasteners and hardware products. The company also provides customized services and solutions for various production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, integrated supply programs, and others.