Atlas (NYSE:ATCO) announced its quarterly earnings results on Sunday. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.03), MarketWatch Earnings reports. Atlas had a return on equity of 9.14% and a net margin of 21.49%. The company had revenue of $372.60 million for the quarter, compared to the consensus estimate of $381.22 million. The company’s quarterly revenue was up 20.8% compared to the same quarter last year.
Shares of ATCO traded down $0.51 during midday trading on Tuesday, hitting $13.81. The stock had a trading volume of 17,981 shares, compared to its average volume of 739,529. The firm has a market cap of $3.41 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 0.66 and a beta of 1.10. Atlas has a 1 year low of $6.00 and a 1 year high of $14.83. The stock’s 50 day moving average is $14.11 and its 200 day moving average is $12.26. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.64 and a quick ratio of 0.55.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 30th. Investors of record on Tuesday, April 20th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, April 19th. Atlas’s dividend payout ratio (DPR) is presently 64.10%.
Atlas Company Profile
Atlas Corp., through its subsidiaries, operates as an independent charter owner and manager of containerships. The company operates in two segments, Containership Leasing and Mobile Power Generation. It charters its containerships under long-term and fixed-rate time charters. As of March 1, 2021, the company operated a fleet of 127 containerships; a fleet of 30 gas turbines and 439 diesel generators.
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