AirBoss of America Corp. Forecasted to Earn Q3 2024 Earnings of ($0.03) Per Share (TSE:BOS)

by · The Cerbat Gem

AirBoss of America Corp. (TSE:BOS – Free Report) – Analysts at National Bank Financial lowered their Q3 2024 earnings estimates for shares of AirBoss of America in a report released on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now forecasts that the company will post earnings per share of ($0.03) for the quarter, down from their prior forecast of $0.03. The consensus estimate for AirBoss of America’s current full-year earnings is $0.10 per share. National Bank Financial also issued estimates for AirBoss of America’s FY2024 earnings at ($0.41) EPS.

AirBoss of America (TSE:BOS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C($0.14) EPS for the quarter, missing the consensus estimate of C($0.06) by C($0.08). The firm had revenue of C$130.48 million for the quarter, compared to analyst estimates of C$142.42 million. AirBoss of America had a negative return on equity of 33.87% and a negative net margin of 13.99%.

BOS has been the topic of several other reports. CIBC dropped their target price on AirBoss of America from C$5.75 to C$4.00 in a report on Thursday, August 15th. National Bankshares dropped their target price on AirBoss of America from C$6.25 to C$5.75 and set a “sector perform” rating on the stock in a research report on Tuesday, July 16th. Finally, TD Securities raised their price objective on AirBoss of America from C$7.00 to C$8.00 and gave the company a “buy” rating in a research note on Wednesday, September 11th.

View Our Latest Stock Report on BOS

AirBoss of America Trading Down 1.2 %

Shares of BOS stock opened at C$5.02 on Monday. AirBoss of America has a fifty-two week low of C$3.65 and a fifty-two week high of C$6.31. The firm’s 50 day moving average price is C$4.77 and its two-hundred day moving average price is C$5.33. The stock has a market cap of C$136.19 million, a price-to-earnings ratio of -1.83, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. The company has a quick ratio of 1.07, a current ratio of 2.17 and a debt-to-equity ratio of 92.36.

AirBoss of America Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend was Monday, September 30th. AirBoss of America’s dividend payout ratio (DPR) is presently -5.11%.

AirBoss of America Company Profile

(Get Free Report)

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.

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