TWC Enterprises (TSE:TWC) Releases Earnings Results

TWC Enterprises (TSE:TWC) released its quarterly earnings results on Friday. The company reported C$1.15 earnings per share for the quarter, FiscalAI reports. TWC Enterprises had a net margin of 28.06% and a return on equity of 9.97%. The business had revenue of C$79.50 million for the quarter.

TWC Enterprises Stock Down 0.3%

TWC opened at C$26.00 on Friday. The firm has a market cap of C$627.28 million, a P/E ratio of 10.74 and a beta of 0.27. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.61 and a current ratio of 2.64. The business has a 50 day moving average price of C$27.32 and a 200 day moving average price of C$25.45. TWC Enterprises has a twelve month low of C$21.99 and a twelve month high of C$29.98.

TWC Enterprises Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 15th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, August 31st. TWC Enterprises’s payout ratio is 15.70%.

About TWC Enterprises

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company’s geographical segment includes Canadian golf club operation and US golf club operation. It generates maximum revenue from the Canadian golf club operation segment.