Ark Restaurants (ARKR) Issues Earnings Results

Ark Restaurants (NASDAQ:ARKR) announced its earnings results on Wednesday. The restaurant operator reported $0.37 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $39.47 million during the quarter. Ark Restaurants had a net margin of 2.43% and a return on equity of 6.26%.

Ark Restaurants (NASDAQ:ARKR) remained flat at $$26.00 on Thursday. 2,100 shares of the stock traded hands, compared to its average volume of 3,243. Ark Restaurants has a one year low of $21.75 and a one year high of $27.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.37 and a quick ratio of 0.28. The stock has a market cap of $89.07, a price-to-earnings ratio of 24.76 and a beta of 0.30.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Tuesday, December 19th will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, December 18th. This represents a $1.00 annualized dividend and a dividend yield of 3.85%. Ark Restaurants’s dividend payout ratio (DPR) is currently 95.24%.

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About Ark Restaurants

Ark Restaurants Corp. owns and operates restaurants, bars, fast food concepts and catering operations. As of October 1, 2016, the Company owned and/or operated 21 restaurants and bars, 19 fast food concepts and catering operations through its subsidiaries. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, DC; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and three were located on the east coast of Florida.

Earnings History for Ark Restaurants (NASDAQ:ARKR)

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