Horizon North Logistics Inc. to Post FY2018 Earnings of $0.01 Per Share, Beacon Securities Forecasts (HNL)

Horizon North Logistics Inc. (TSE:HNL) – Analysts at Beacon Securities issued their FY2018 EPS estimates for shares of Horizon North Logistics in a research note issued on Tuesday, according to Zacks Investment Research. Beacon Securities analyst K. Wilson expects that the company will earn $0.01 per share for the year.

Horizon North Logistics (TSE:HNL) last posted its quarterly earnings data on Wednesday, November 1st. The company reported C($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.03) by C($0.01). Horizon North Logistics had a negative return on equity of 7.80% and a negative net margin of 7.76%.

HNL has been the subject of several other research reports. National Bank Financial cut their price objective on shares of Horizon North Logistics from C$2.40 to C$1.90 and set an “outperform” rating for the company in a research report on Monday, December 11th. Raymond James Financial downgraded Horizon North Logistics from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from C$2.15 to C$1.60 in a research note on Tuesday, January 9th. Finally, Scotiabank set a C$1.50 target price on Horizon North Logistics and gave the stock an “underperform” rating in a research note on Tuesday, January 9th.

Shares of Horizon North Logistics (HNL) opened at C$1.62 on Thursday. Horizon North Logistics has a 52-week low of C$1.16 and a 52-week high of C$2.12. The firm has a market cap of $244.17, a PE ratio of -20.25 and a beta of 1.34.

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Horizon North Logistics Company Profile

Horizon North Logistics Inc (Horizon North) is a Canada-based is a remote resource development service company. The Company provides workforce accommodation solutions, camp management and catering services, and road and access matting solutions. The Company’s segments include Camps & Catering, Matting and Corporate.

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