Patria Investments (PAX) to Release Earnings on Thursday

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

Patria Investments (NYSE:PAX) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.13. The company had revenue of $111.70 million for the quarter, compared to analyst estimates of $83.41 million. Patria Investments had a net margin of 36.81% and a return on equity of 38.20%. During the same quarter last year, the firm 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

NYSE:PAX opened at $13.60 on Tuesday. The firm has a market capitalization of $737.80 million, a PE ratio of 16.79, a PEG ratio of 0.70 and a beta of 0.60. Patria Investments has a 1 year low of $12.81 and a 1 year high of $16.20. The firm’s fifty day simple moving average is $14.46 and its 200 day simple moving average is $14.40.

Patria Investments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 22nd were given a $0.399 dividend. This represents a $1.60 annualized dividend and a dividend yield of 11.74%. The ex-dividend date of this dividend was Wednesday, February 21st. Patria Investments’s dividend payout ratio is currently 196.30%.

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.