Equities Analysts Issue Forecasts for Stingray Digitl’s FY2019 Earnings (RAY)

Stingray Digitl (TSE:RAY) – Analysts at Desjardins cut their FY2019 EPS estimates for Stingray Digitl in a research report issued on Friday, February 8th. Desjardins analyst M. Yaghi now anticipates that the company will post earnings of $0.62 per share for the year, down from their prior estimate of $0.69. Desjardins also issued estimates for Stingray Digitl’s Q4 2019 earnings at $0.22 EPS and FY2020 earnings at $0.93 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Thursday, February 28th will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Wednesday, February 27th. This is a boost from Stingray Digitl’s previous quarterly dividend of $0.05.

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Earnings History and Estimates for Stingray Digitl (TSE:RAY)

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