ADF Group (TSE:DRX) Issues Earnings Results, Beats Estimates By $0.06 EPS

ADF Group (TSE:DRX) issued its quarterly earnings results on Thursday. The company reported C$0.32 EPS for the quarter, topping analysts’ consensus estimates of C$0.26 by C$0.06, reports. The company had revenue of C$88.39 million during the quarter, compared to analysts’ expectations of C$77.10 million. ADF Group had a return on equity of 21.20% and a net margin of 10.01%.

ADF Group Trading Up 5.8 %

ADF Group stock opened at C$12.48 on Friday. ADF Group has a 52 week low of C$2.09 and a 52 week high of C$12.80. The stock has a 50-day moving average price of C$9.21 and a 200 day moving average price of C$7.11. The company has a quick ratio of 1.74, a current ratio of 1.96 and a debt-to-equity ratio of 32.20. The company has a market capitalization of C$228.38 million, a price-to-earnings ratio of 13.87 and a beta of 0.80.

About ADF Group

ADF Group Inc engages in the design and engineering of connections in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.