Pizza Pizza Royalty (PZRIF) to Release Earnings on Wednesday

Pizza Pizza Royalty (OTCMKTS:PZRIF) is expected to be releasing its resultson Wednesday, August 5th. Analysts expect Pizza Pizza Royalty to post earnings of $0.1619 per share and revenue of $109.4020 million for the quarter.

Pizza Pizza Royalty Price Performance

OTCMKTS PZRIF remained flat at $9.01 during mid-day trading on Wednesday. The company had a trading volume of 5,500 shares, compared to its average volume of 4,060. The stock has a 50-day moving average price of $9.16 and a 200 day moving average price of $10.66. Pizza Pizza Royalty has a 12-month low of $8.92 and a 12-month high of $12.20.

Analyst Ratings Changes

Separately, TD Securities restated a “hold” rating on shares of Pizza Pizza Royalty in a research report on Monday, May 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

About Pizza Pizza Royalty

Pizza Pizza Royalty Corp is a Canadian royalty corporation structured to acquire and hold the royalty rights associated with the Pizza Pizza and Pizza 73 restaurant brands. The company’s primary business activity is to collect royalty payments based on a fixed percentage of system-wide gross sales generated by its franchise network. By owning these royalty interests, Pizza Pizza Royalty Corp provides investors with exposure to a stable and growing cash flow stream derived from pizza retail operations across Canada.

The company’s royalty rights cover over 700 restaurant locations operating under the Pizza Pizza and Pizza 73 banners, with a presence in Ontario, Alberta, and other Canadian provinces.