Urthecast Corp. (UR) Expected to Post FY2018 Earnings of ($0.29) Per Share
Urthecast Corp. (TSE:UR) – Equities researchers at Clarus Securities dropped their FY2018 earnings estimates for Urthecast in a research note issued on Wednesday. Clarus Securities analyst N. Atkinson now expects that the company will post earnings per share of ($0.29) for the year, down from their prior forecast of ($0.16). Clarus Securities also issued estimates for Urthecast’s FY2019 earnings at ($0.27) EPS.
A number of other equities research analysts also recently weighed in on UR. Raymond James Financial dropped their price objective on Urthecast from C$2.75 to C$2.25 and set an “outperform” rating on the stock in a research report on Wednesday, August 16th. Canaccord Genuity dropped their price objective on Urthecast from C$3.00 to C$2.00 in a research report on Wednesday, November 15th.
Urthecast (UR) opened at C$1.49 on Friday. Urthecast has a 52 week low of C$0.75 and a 52 week high of C$2.17.
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