Galliford Try (LON:GFRD) Posts Quarterly Earnings Results, Beats Expectations By $2.20 EPS

Galliford Try (LON:GFRD) posted its quarterly earnings results on Wednesday. The company reported GBX (47.70) (($0.62)) earnings per share for the quarter, beating analysts’ consensus estimates of GBX (49.90) (($0.65)) by GBX 2.20 ($0.03), Digital Look Earnings reports.

GFRD stock traded up GBX 5.50 ($0.07) during trading hours on Wednesday, hitting GBX 87.94 ($1.15). 642,113 shares of the stock were exchanged, compared to its average volume of 888,031. The firm has a market capitalization of $97.66 million and a P/E ratio of 0.94. Galliford Try has a 12 month low of GBX 62.86 ($0.82) and a 12 month high of GBX 201.40 ($2.63). The company has a 50-day simple moving average of GBX 91.94 and a two-hundred day simple moving average of GBX 116.64. The company has a current ratio of 1.27, a quick ratio of 0.25 and a debt-to-equity ratio of 74.59.

A number of research firms recently weighed in on GFRD. Peel Hunt restated a “buy” rating on shares of Galliford Try in a research note on Wednesday, July 15th. Liberum Capital restated a “buy” rating on shares of Galliford Try in a research note on Wednesday, July 15th.

Galliford Try Company Profile

Galliford Try plc operates as a housebuilding, regeneration, and construction primarily in the United Kingdom. The company operates through Linden Homes, Partnerships & Regeneration, Building, Infrastructure, and PPP Investments segments. The company develops and sells private and affordable homes under the Linden Homes brand name; and builds sustainable communities, as well as provides private housing for sale on regeneration-led sites.

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