FY2018 EPS Estimates for Alaris Royalty Corp. Cut by Analyst (AD)
Alaris Royalty Corp. (TSE:AD) – Equities research analysts at Cormark cut their FY2018 EPS estimates for shares of Alaris Royalty in a research report issued to clients and investors on Thursday, May 17th. Cormark analyst J. Fenwick now forecasts that the company will post earnings per share of $1.54 for the year, down from their prior estimate of $1.60. Cormark also issued estimates for Alaris Royalty’s FY2019 earnings at $1.78 EPS.
Alaris Royalty (TSE:AD) last released its quarterly earnings data on Monday, March 5th. The company reported C$0.31 EPS for the quarter. The company had revenue of C$21.64 million for the quarter. Alaris Royalty had a negative return on equity of 14.19% and a negative net margin of 42.91%.
Shares of TSE:AD opened at C$15.95 on Friday. Alaris Royalty has a one year low of C$15.30 and a one year high of C$23.45.
About Alaris Royalty
Alaris Royalty Corp. is a Canada-based company providing capital to private businesses (individually, a Private Company Partner and collectively the Partners). The Company’s operations consist of investments in private operating entities in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, or long-term license and royalty arrangements.
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