Enviva Partners (NYSE:EVA) released its quarterly earnings data on Thursday. The energy company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06, Fidelity Earnings reports. The business had revenue of $144.15 million during the quarter, compared to analyst estimates of $160.20 million. Enviva Partners had a positive return on equity of 8.77% and a negative net margin of 0.30%.
EVA opened at $30.85 on Friday. The firm has a market capitalization of $815.79 million, a PE ratio of 50.57 and a beta of 1.06. Enviva Partners has a 12-month low of $25.01 and a 12-month high of $33.20. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 3.13.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 29th. Stockholders of record on Thursday, November 15th will be issued a $0.635 dividend. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $2.54 dividend on an annualized basis and a dividend yield of 8.23%. This is a positive change from Enviva Partners’s previous quarterly dividend of $0.63. Enviva Partners’s dividend payout ratio is presently 413.11%.
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Enviva Partners Company Profile
Enviva Partners, LP produces and supplies utility-grade wood pellets. It serves utilities and power generators in the United Kingdom and other European markets. Enviva Partners GP, LLC operates as the general partner of the company. Enviva Partners, LP was founded in 2013 and is based in Bethesda, Maryland.
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