Decisive Dividend (CVE:DE) Posts Earnings Results, Misses Estimates By $0.01 EPS

Decisive Dividend (CVE:DE) posted its quarterly earnings data on Tuesday. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.01), reports. Decisive Dividend had a net margin of 3.32% and a return on equity of 8.34%. The company had revenue of C$32.24 million for the quarter, compared to analysts’ expectations of C$36.70 million.

Decisive Dividend Stock Up 6.9 %

DE opened at C$6.85 on Thursday. Decisive Dividend has a 12 month low of C$5.51 and a 12 month high of C$11.50. The company has a current ratio of 1.95, a quick ratio of 1.54 and a debt-to-equity ratio of 130.66. The business’s 50-day moving average price is C$6.39 and its 200-day moving average price is C$7.04. The company has a market cap of C$132.96 million, a P/E ratio of 31.14 and a beta of 1.18.

Decisive Dividend Company Profile

Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and gas fireplaces in Canada, the United States, and internationally. It operates in two segments, Finished Product and Component Manufacturing. The company also designs, manufactures, and markets air blast sprayers for use in agricultural industry under the Turbo Mist brand; and wastewater evaporator systems that are used in mining, oil and gas, and waste management industries.