Raven Industries (NASDAQ:RAVN) Posts Earnings Results, Beats Estimates By $0.01 EPS

Raven Industries (NASDAQ:RAVN) issued its quarterly earnings results on Tuesday. The conglomerate reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01, Yahoo Finance reports. The business had revenue of $100.53 million for the quarter. Raven Industries had a return on equity of 11.49% and a net margin of 9.06%.

Shares of RAVN opened at $34.50 on Friday. The firm has a market capitalization of $1.22 billion, a PE ratio of 34.41 and a beta of 1.44. Raven Industries has a 1-year low of $27.32 and a 1-year high of $42.89. The company’s fifty day moving average price is $34.08 and its 200-day moving average price is $33.98.

RAVN has been the topic of a number of recent analyst reports. ValuEngine raised Raven Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. BidaskClub downgraded Raven Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th.

About Raven Industries

Raven Industries, Inc, a technology company, provides various products to customers in the industrial, agricultural, geomembrane, construction, commercial lighter-than-air, and aerospace and defense markets worldwide. It operates through three segments: Applied Technology, Engineered Films, and Aerostar.

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Earnings History for Raven Industries (NASDAQ:RAVN)

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