Research Analysts Issue Forecasts for Macro Enterprises Inc.’s Q1 2019 Earnings (MCR)

Macro Enterprises Inc. (CVE:MCR) – Cormark issued their Q1 2019 earnings per share (EPS) estimates for Macro Enterprises in a research note issued to investors on Friday, April 13th. Cormark analyst J. Zhang expects that the company will earn $0.06 per share for the quarter. Cormark also issued estimates for Macro Enterprises’ Q2 2019 earnings at $0.05 EPS, Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.13 EPS and FY2019 earnings at $0.37 EPS.

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Separately, Pi Financial dropped their price objective on shares of Macro Enterprises from C$4.00 to C$3.25 and set a “buy” rating for the company in a report on Friday.

Shares of CVE MCR opened at C$1.94 on Monday. Macro Enterprises has a 1 year low of C$1.60 and a 1 year high of C$2.80.

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Macro Enterprises Company Profile

Macro Enterprises Inc, together with its subsidiaries, provides pipeline and facilities construction and maintenance services to companies in the oil and gas industry in western Canada. It is involved in the construction, alteration, repair, and installation of pipeline and facility pressure piping, and structural steel facilities, as well as provision of pipeline integrity digs services.

Earnings History and Estimates for Macro Enterprises (CVE:MCR)

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