National Bank Financial Weighs in on Stingray Digitl’s FY2023 Earnings (TSE:RAY)

Stingray Digitl (TSE:RAY – Get Rating) – Equities researchers at National Bank Financial raised their FY2023 EPS estimates for shares of Stingray Digitl in a research note issued on Tuesday, August 2nd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $0.80 for the year, up from their prior estimate of $0.79.

Stingray Digitl (TSE:RAY – Get Rating) last posted its earnings results on Tuesday, August 2nd. The company reported C$0.19 earnings per share (EPS) for the quarter. The firm had revenue of C$78.14 million during the quarter, compared to analyst estimates of C$76.80 million.

Stingray Digitl Price Performance

Stingray Digitl Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be given a $0.075 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $0.30 annualized dividend and a yield of ∞.

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