Castle Brands (ROX) Issues Earnings Results

Castle Brands (NYSEAMERICAN:ROX) released its quarterly earnings data on Thursday. The company reported $0.00 EPS for the quarter, Yahoo Finance Previews reports. Castle Brands had a net margin of 1.34% and a negative return on equity of 0.32%. The firm had revenue of $24.08 million during the quarter, compared to analysts’ expectations of $20.51 million.

Shares of Castle Brands (NYSEAMERICAN ROX) traded up $0.09 during trading on Friday, hitting $1.22. 1,390,000 shares of the stock were exchanged, compared to its average volume of 390,638. Castle Brands has a 52 week low of $0.72 and a 52 week high of $2.22.

A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Castle Brands from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Roth Capital initiated coverage on shares of Castle Brands in a research report on Thursday, February 1st. They set a “buy” rating and a $2.60 price objective for the company. Finally, TheStreet raised shares of Castle Brands from a “d+” rating to a “c-” rating in a research report on Tuesday, November 28th.

A hedge fund recently bought a new stake in Castle Brands stock. State Street Corp bought a new stake in Castle Brands Inc (NYSEAMERICAN:ROX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 970,175 shares of the company’s stock, valued at approximately $1,669,000. State Street Corp owned 0.59% of Castle Brands as of its most recent filing with the Securities and Exchange Commission (SEC).

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About Castle Brands

Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.

Earnings History for Castle Brands (NYSEAMERICAN:ROX)

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