Black Diamond Group (BDIMF) Expected to Release Earnings on Thursday

Black Diamond Group (OTCMKTS:BDIMF) is projected to announce its results after the market closes on Thursday, July 30th. Analysts expect Black Diamond Group to post earnings of $0.0662 per share and revenue of $91.5740 million for the quarter.

Black Diamond Group (OTCMKTS:BDIMF) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The business had revenue of $93.46 million during the quarter, compared to analyst estimates of $88.74 million. Black Diamond Group had a return on equity of 8.38% and a net margin of 6.53%.

Black Diamond Group Price Performance

BDIMF opened at $14.17 on Thursday. Black Diamond Group has a 12 month low of $8.20 and a 12 month high of $14.58. The business has a 50-day moving average of $13.41 and a two-hundred day moving average of $12.48. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a market capitalization of $982.69 million, a price-to-earnings ratio of 40.49 and a beta of 0.73.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Black Diamond Group in a research report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

About Black Diamond Group

Black Diamond Group Limited, trading on the OTC Markets under the symbol BDIMF, is a provider of cloud-based wealth management technology. Its flagship offering, the Black Diamond® Wealth Platform, delivers portfolio accounting, performance reporting, rebalancing, trading and client portal capabilities through a software-as-a-service model. The platform is designed to meet the needs of registered investment advisers, family offices, broker-dealers and institutional asset managers seeking a unified system for portfolio management and client servicing.

The company supports a wide range of account types and investment strategies, incorporating tools for multi-currency accounting, customizable reporting and business intelligence.