Wall Street brokerages predict that Pacific Coast Oil Trust (NYSE:ROYT) will announce $0.04 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Pacific Coast Oil Trust’s earnings. Pacific Coast Oil Trust also posted earnings per share of $0.04 during the same quarter last year. The company is scheduled to report its next quarterly earnings report on Friday, July 27th.
On average, analysts expect that Pacific Coast Oil Trust will report full year earnings of $0.16 per share for the current financial year. For the next year, analysts expect that the business will report earnings of $0.11 per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Pacific Coast Oil Trust.
Pacific Coast Oil Trust (NYSE:ROYT) last announced its quarterly earnings data on Wednesday, May 2nd. The oil and gas producer reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. Pacific Coast Oil Trust had a return on equity of 3.40% and a net margin of 21.50%. The company had revenue of $12.77 million for the quarter.
Shares of ROYT opened at $2.35 on Friday. Pacific Coast Oil Trust has a twelve month low of $1.36 and a twelve month high of $2.75. The company has a market capitalization of $88.74 million, a price-to-earnings ratio of 28.75 and a beta of 2.21.
The company also recently declared a monthly dividend, which was paid on Monday, July 23rd. Stockholders of record on Monday, July 9th were paid a dividend of $0.036 per share. This represents a $0.43 annualized dividend and a dividend yield of 18.38%. The ex-dividend date of this dividend was Friday, July 6th.
Pacific Coast Oil Trust Company Profile
Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California.
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