FY2020 EPS Estimates for Calian Group Ltd (CGY) Decreased by Analyst

Calian Group Ltd (TSE:CGY) – Equities researchers at Desjardins decreased their FY2020 EPS estimates for shares of Calian Group in a research report issued to clients and investors on Wednesday, February 6th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $2.45 per share for the year, down from their previous estimate of $2.58.

Calian Group stock opened at C$29.27 on Monday. Calian Group has a 52 week low of C$25.76 and a 52 week high of C$33.99. The company has a market cap of $227.50 million and a price-to-earnings ratio of 14.14.

Calian Group (TSE:CGY) last posted its earnings results on Wednesday, November 14th. The company reported C$0.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.53 by C$0.02. The firm had revenue of C$78.73 million for the quarter, compared to the consensus estimate of C$79.49 million.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 5th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.28 per share. The ex-dividend date is Thursday, February 14th. This represents a $1.12 annualized dividend and a dividend yield of 3.83%. Calian Group’s dividend payout ratio is currently 54.11%.

Calian Group Company Profile

Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. The company's Systems Engineering division plans, designs, and implements solutions in satellite communications, defense/security, and high-end telecommunications sectors.

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