Pizza Pizza Royalty (PZRIF) to Post Quarterly Earnings on Wednesday

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

Pizza Pizza Royalty Stock Performance

Shares of OTCMKTS:PZRIF remained flat at $8.97 on Monday. 4,536 shares of the stock traded hands, compared to its average volume of 4,214. The firm’s 50 day moving average price is $9.15 and its 200 day moving average price is $10.61. Pizza Pizza Royalty has a one year low of $8.92 and a one year high of $12.20.

Analyst Ratings Changes

Separately, TD Securities reiterated a “hold” rating on shares of Pizza Pizza Royalty in a research report on Monday, May 4th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Pizza Pizza Royalty Company Profile

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.