Mosaic Capital Corp to Post FY2017 Earnings of $0.10 Per Share, Cormark Forecasts (M)

Mosaic Capital Corp (CVE:M) – Equities researchers at Cormark lowered their FY2017 EPS estimates for Mosaic Capital Corp in a research note issued on Wednesday, according to Zacks Investment Research. Cormark analyst G. Fairweather now forecasts that the company will post earnings of $0.10 per share for the year, down from their prior estimate of $0.22. Cormark also issued estimates for Mosaic Capital Corp’s FY2018 earnings at $0.45 EPS.

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Separately, Canaccord Genuity downgraded Mosaic Capital Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, April 4th.

About Mosaic Capital Corp

Mosaic Capital Corporation is a Canada-based investment company that owns a portfolio of businesses. The Company operates through four segments: Infrastructure, Energy, Diversified and Real Estate. Within the Infrastructure, Energy and Diversified segments, its portfolio of businesses operate in printing, oil and gas services, potash, construction and industrial supply industries.

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