FY2022 EPS Estimates for Stingray Digitl Decreased by Analyst (TSE:RAY)

Stingray Digitl (TSE:RAY) – Stock analysts at National Bank Financial dropped their FY2022 earnings estimates for shares of Stingray Digitl in a note issued to investors on Monday, January 10th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $0.84 for the year, down from their previous forecast of $0.85.

Stingray Digitl (TSE:RAY) last issued its quarterly earnings results on Tuesday, November 9th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.19 by C$0.04. The company had revenue of C$71.43 million for the quarter, compared to analyst estimates of C$70.40 million.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 15th. Shareholders of record on Tuesday, November 30th were issued a dividend of $0.075 per share. The ex-dividend date was Monday, November 29th. This represents a $0.30 annualized dividend and a yield of ∞.

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Earnings History and Estimates for Stingray Digitl (TSE:RAY)

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