Pizza Pizza Royalty (PZRIF) to Announce Earnings on Wednesday

Pizza Pizza Royalty (OTCMKTS:PZRIF) will likely be announcing its resultson Wednesday, August 5th. Analysts expect the company to post earnings of $0.1619 per share and revenue of $109.4020 million for the quarter.

Pizza Pizza Royalty Price Performance

OTCMKTS PZRIF remained flat at $8.97 during trading hours on Tuesday. The company had a trading volume of 5 shares, compared to its average volume of 4,214. The company’s 50-day moving average is $9.14 and its two-hundred day moving average is $10.59. Pizza Pizza Royalty has a 52-week low of $8.92 and a 52-week high of $12.20.

Analyst Upgrades and Downgrades

Separately, TD Securities restated a “hold” rating on shares of Pizza Pizza Royalty in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Pizza Pizza Royalty presently has an average rating of “Hold”.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp is a Canadian royalty corporation structured to acquire and hold the royalty rights associated with the Pizza Pizza and Pizza 73 restaurant brands. The company’s primary business activity is to collect royalty payments based on a fixed percentage of system-wide gross sales generated by its franchise network. By owning these royalty interests, Pizza Pizza Royalty Corp provides investors with exposure to a stable and growing cash flow stream derived from pizza retail operations across Canada.

The company’s royalty rights cover over 700 restaurant locations operating under the Pizza Pizza and Pizza 73 banners, with a presence in Ontario, Alberta, and other Canadian provinces.