Boston Omaha (NYSE:BOC) Announces Earnings Results

Boston Omaha (NYSE:BOCGet Free Report) posted its quarterly earnings data on Friday. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.06), Zacks reports. The business had revenue of $25.55 million during the quarter, compared to the consensus estimate of $25.50 million. Boston Omaha had a negative net margin of 6.56% and a negative return on equity of 1.08%.

Boston Omaha Stock Up 0.1 %

Shares of NYSE BOC opened at $13.80 on Friday. The firm has a 50 day moving average price of $15.57 and a two-hundred day moving average price of $15.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.56 and a current ratio of 2.92. Boston Omaha has a 52-week low of $13.55 and a 52-week high of $21.58.

Wall Street Analysts Forecast Growth

Separately, TD Cowen dropped their target price on shares of Boston Omaha from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, April 2nd.

Check Out Our Latest Stock Report on Boston Omaha

Boston Omaha Company Profile

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Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.

Further Reading

Earnings History for Boston Omaha (NYSE:BOC)

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