FY2026 Earnings Estimate for CVE:QIS Issued By Cormark

Quorum Information Technologies Inc. (CVE:QIS) – Investment analysts at Cormark decreased their FY2026 earnings per share estimates for shares of Quorum Information Technologies in a research note issued to investors on Wednesday, June 4th. Cormark analyst G. Fairweather now expects that the company will earn $0.04 per share for the year, down from their prior estimate of $0.05. The consensus estimate for Quorum Information Technologies’ current full-year earnings is $0.05 per share.

Quorum Information Technologies Stock Down 2.3%

Shares of QIS opened at C$0.85 on Monday. Quorum Information Technologies has a 52 week low of C$0.72 and a 52 week high of C$1.00. The stock has a market capitalization of C$62.55 million, a price-to-earnings ratio of 20.89 and a beta of 0.20. The company has a debt-to-equity ratio of 28.76, a quick ratio of 2.13 and a current ratio of 1.99. The stock has a fifty day moving average of C$0.91 and a 200-day moving average of C$0.94.

About Quorum Information Technologies

Quorum Information Technologies Inc, an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership management system; Autovance Desk; Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service, Sales Customer Relationship Management, and Business Development Centre; Accessible Accessories, a digital retailing platform; and VINN, an automotive marketplace.