Patria Investments (PAX) to Release Quarterly Earnings on Thursday

Patria Investments (NYSE:PAX) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Patria Investments (NYSE:PAX) last announced its earnings results on Thursday, February 15th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.34 by $0.13. The business had revenue of $111.70 million for the quarter, compared to analysts’ expectations of $83.41 million. Patria Investments had a return on equity of 38.20% and a net margin of 36.81%. During the same period in the prior year, the business posted $0.36 earnings per share. On average, analysts expect Patria Investments to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Patria Investments Stock Performance

Patria Investments stock opened at $13.93 on Thursday. Patria Investments has a 52-week low of $12.81 and a 52-week high of $16.20. The stock’s 50 day moving average price is $14.56 and its two-hundred day moving average price is $14.41.

Patria Investments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Thursday, February 22nd were issued a $0.399 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.46%. The ex-dividend date was Wednesday, February 21st. Patria Investments’s dividend payout ratio is currently 197.53%.

Patria Investments Company Profile

Patria Investments Limited operates as a private market investment firm focused on investing in Latin America. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds.