National Bank Financial Weighs in on Park Lawn Corp’s FY2018 Earnings (PLC)

Park Lawn Corp (TSE:PLC) – Equities research analysts at National Bank Financial dropped their FY2018 earnings estimates for Park Lawn in a research report issued on Thursday, November 1st. National Bank Financial analyst L. Aghazarian now forecasts that the company will post earnings of $0.76 per share for the year, down from their prior estimate of $0.77. National Bank Financial currently has a “Outperform” rating and a $32.00 price target on the stock.

Separately, TD Securities reissued a “buy” rating and set a C$32.00 price objective on shares of Park Lawn in a report on Friday, October 26th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of C$30.08.

Shares of PLC stock opened at C$23.44 on Monday. Park Lawn has a 52-week low of C$19.83 and a 52-week high of C$27.95.

Park Lawn (TSE:PLC) last issued its quarterly earnings data on Tuesday, August 14th. The company reported C$0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.22 by C($0.04). The company had revenue of C$40.35 million for the quarter, compared to the consensus estimate of C$39.73 million.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be issued a dividend of $0.038 per share. This represents a $0.46 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Tuesday, October 30th.

Park Lawn Company Profile

Park Lawn Corporation, together with its subsidiaries, provides goods and services associated with the disposition and memorialization of human remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes. The company also engages in chapels, planning offices, and transfer service businesses.

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Earnings History and Estimates for Park Lawn (TSE:PLC)

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