Black Diamond Group Limited (BDI) Forecasted to Earn FY2017 Earnings of ($0.48) Per Share

Black Diamond Group Limited (TSE:BDI) – Equities research analysts at National Bank Financial dropped their FY2017 earnings estimates for Black Diamond Group Limited in a report issued on Wednesday. National Bank Financial analyst G. Colman now anticipates that the company will post earnings of ($0.48) per share for the year, down from their previous estimate of ($0.46). National Bank Financial has a “Sector Perform” rating and a $2.40 price objective on the stock. National Bank Financial also issued estimates for Black Diamond Group Limited’s Q4 2017 earnings at ($0.11) EPS and FY2018 earnings at ($0.29) EPS.

Several other research analysts also recently commented on BDI. Clarus Securities downgraded Black Diamond Group Limited from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. CIBC reduced their target price on Black Diamond Group Limited from C$2.75 to C$1.75 in a report on Thursday, August 17th. Scotiabank reduced their target price on Black Diamond Group Limited from C$2.25 to C$2.00 and set an “underperform” rating on the stock in a report on Thursday, November 9th. Raymond James Financial, Inc. reduced their target price on Black Diamond Group Limited from C$4.50 to C$2.80 and set an “outperform” rating on the stock in a report on Tuesday, August 15th. Finally, Royal Bank Of Canada reduced their target price on Black Diamond Group Limited from C$3.50 to C$2.50 and set a “sector perform” rating on the stock in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of C$2.92.

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Black Diamond Group Limited (BDI) opened at C$2.05 on Monday. Black Diamond Group Limited has a 1-year low of C$1.55 and a 1-year high of C$5.88.

In other news, insider Edward James Kernaghan acquired 15,000 shares of Black Diamond Group Limited stock in a transaction on Wednesday, October 25th. The shares were purchased at an average price of C$1.86 per share, with a total value of C$27,900.00. In the last ninety days, insiders have acquired 73,700 shares of company stock worth $142,918.

About Black Diamond Group Limited

Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.

Earnings History and Estimates for Black Diamond Group Limited (TSE:BDI)

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