RediShred Capital (KUT) to Release Earnings on Wednesday

RediShred Capital (CVE:KUT) will be posting its quarterly earnings results after the market closes on Wednesday, August 28th. Analysts expect RediShred Capital to post earnings of C$0.04 per share for the quarter.

RediShred Capital (CVE:KUT) last released its earnings results on Tuesday, May 28th. The company reported C$0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.04 by C$0.06. RediShred Capital had a return on equity of 1.07% and a net margin of 0.79%. The firm had revenue of C$17.17 million for the quarter, compared to the consensus estimate of C$17.59 million.

RediShred Capital Stock Performance

Shares of KUT opened at C$3.09 on Tuesday. The stock has a 50-day moving average of C$3.08 and a two-hundred day moving average of C$2.97. The stock has a market cap of C$56.55 million, a P/E ratio of 103.00 and a beta of 1.30. RediShred Capital has a one year low of C$2.32 and a one year high of C$3.60. The company has a debt-to-equity ratio of 73.08, a quick ratio of 1.33 and a current ratio of 0.42.

RediShred Capital Company Profile

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations.