Chesswood Group (TSE:CHW) – Investment analysts at Cormark decreased their FY2019 EPS estimates for shares of Chesswood Group in a report issued on Wednesday, March 14th, Zacks Investment Research reports. Cormark analyst J. Fenwick now anticipates that the company will earn $1.38 per share for the year, down from their previous forecast of $1.42.
Chesswood Group (TSE:CHW) last posted its quarterly earnings results on Monday, March 12th. The company reported C$0.74 earnings per share (EPS) for the quarter. The business had revenue of C$24.63 million during the quarter, compared to analysts’ expectations of C$25.00 million. Chesswood Group had a net margin of 14.16% and a return on equity of 8.69%.
TSE CHW opened at C$10.70 on Friday. Chesswood Group has a 12-month low of C$9.04 and a 12-month high of C$14.60.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 16th. Stockholders of record on Thursday, March 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.85%.
COPYRIGHT VIOLATION NOTICE: “Cormark Equities Analysts Cut Earnings Estimates for Chesswood Group (TSE:CHW)” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/04/08/fy2019-eps-estimates-for-chesswood-group-ltd-reduced-by-analyst-chw.html.
Chesswood Group Company Profile
Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. The company operates through Equipment Financing – U.S. and Equipment Financing ? Canada segments. It offers micro and small-ticket equipment financing to small and medium-sized businesses in the lower 48 states of the United States.
Get a free copy of the Zacks research report on Chesswood Group (CHW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Chesswood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesswood Group and related companies with MarketBeat.com's FREE daily email newsletter.