Ennis Inc. Reports Quarterly Earnings and Increases Dividend
1 report, 1 independent
Updated Sat 00:00
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What happened
Ennis Inc. reported quarterly revenue of $102.01 million, exceeding the expected $99.85 million. The company reported earnings per share of $0.37, which missed the consensus estimate of $0.39. Ennis also announced an increase in its quarterly dividend to $0.2625 per share, representing an annualized yield of 4.7%.
From dailypolitical.com
Why it matters
The investment activity includes the Public Employees Retirement System of Ohio purchasing a new stake in Ennis Inc. While Wall Street Zen cut its rating from buy to hold, Weiss Ratings upgraded the stock from a hold to a buy.
From dailypolitical.com
Who's involved
- OhioThe state of Ohio was selected to award Bechtel a $33 billion power generation contract
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The entities involved
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Ohio
state of the United States of America
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