$0.04 Earnings Per Share Expected for Pacific Coast Oil Trust (ROYT) This Quarter

Wall Street analysts expect that Pacific Coast Oil Trust (NYSE:ROYT) will announce earnings of $0.04 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Pacific Coast Oil Trust’s earnings. Pacific Coast Oil Trust also reported earnings of $0.04 per share during the same quarter last year. The business is scheduled to announce its next earnings results on Friday, July 27th.

On average, analysts expect that Pacific Coast Oil Trust will report full-year earnings of $0.16 per share for the current financial year. For the next financial year, analysts forecast that the company will report earnings of $0.11 per share. Zacks’ EPS averages are an average based on a survey of analysts that cover Pacific Coast Oil Trust.

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Separately, Zacks Investment Research raised shares of Pacific Coast Oil Trust from a “sell” rating to a “hold” rating in a research report on Thursday, March 29th.

Shares of Pacific Coast Oil Trust opened at $2.18 on Friday, Marketbeat reports. The stock has a market capitalization of $89.51 million, a PE ratio of 29.00 and a beta of 2.21. Pacific Coast Oil Trust has a 1 year low of $2.30 and a 1 year high of $2.31.

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 23rd. Investors of record on Monday, April 9th were given a dividend of $0.0223 per share. This represents a $0.27 dividend on an annualized basis and a dividend yield of 12.25%. The ex-dividend date of this dividend was Friday, April 6th.

Pacific Coast Oil Trust Company Profile

Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California.

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