STEP Energy Services (STE) Downgraded to Sector Perform Overweight at National Bank Financial

STEP Energy Services (TSE:STE) was downgraded by stock analysts at National Bank Financial from an “outperform overweight” rating to a “sector perform overweight” rating in a note issued to investors on Friday. National Bank Financial also issued estimates for STEP Energy Services’ FY2020 earnings at $1.55 EPS.

STEP Energy Services (TSE:STE) last announced its quarterly earnings data on Thursday, November 8th. The company reported C$0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.38 by C($0.24). The firm had revenue of C$240.54 million during the quarter, compared to analyst estimates of C$239.40 million.

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