FY2018 EPS Estimates for Stingray Digitl Decreased by National Bank Financial (RAY)
Stingray Digitl (TSE:RAY) – Equities researchers at National Bank Financial dropped their FY2018 earnings per share (EPS) estimates for Stingray Digitl in a research report issued to clients and investors on Wednesday. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $0.45 for the year, down from their previous forecast of $0.47. National Bank Financial also issued estimates for Stingray Digitl’s FY2019 earnings at $0.50 EPS.
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The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, August 29th. This represents a $0.20 dividend on an annualized basis and a dividend yield of Infinity.
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