FY2023 Earnings Forecast for Green Impact Partners Inc. (CVE:GIP) Issued By Cormark

Green Impact Partners Inc. (CVE:GIP – Get Rating) – Research analysts at Cormark boosted their FY2023 earnings per share (EPS) estimates for Green Impact Partners in a report issued on Wednesday, May 24th. Cormark analyst N. Boychuk now anticipates that the company will post earnings per share of $0.08 for the year, up from their previous estimate of ($0.32). The consensus estimate for Green Impact Partners’ current full-year earnings is ($0.06) per share. Cormark also issued estimates for Green Impact Partners’ FY2024 earnings at ($0.09) EPS and FY2025 earnings at $0.14 EPS.

Other equities analysts have also issued research reports about the company. Haywood Securities lifted their price target on Green Impact Partners from C$13.00 to C$25.00 in a research report on Wednesday, February 22nd. Royal Bank of Canada lifted their price target on Green Impact Partners from C$12.00 to C$14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 23rd. Finally, National Bankshares lifted their price target on Green Impact Partners from C$12.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 22nd.

Green Impact Partners Price Performance

GIP opened at C$7.93 on Friday. The stock has a 50-day moving average price of C$8.55 and a 200-day moving average price of C$6.96. The company has a debt-to-equity ratio of 56.86, a current ratio of 0.86 and a quick ratio of 0.68. The firm has a market cap of C$160.98 million and a PE ratio of -17.62. Green Impact Partners has a 1 year low of C$3.51 and a 1 year high of C$10.00.

Green Impact Partners (CVE:GIP – Get Rating) last announced its quarterly earnings data on Thursday, April 20th. The company reported C($0.25) EPS for the quarter. Green Impact Partners had a negative net margin of 4.37% and a negative return on equity of 7.63%.

Green Impact Partners Company Profile

(Get Rating)

Green Impact Partners Inc, a clean energy company, provides water, waste, and solids treatment and recycling services in North America. It operates through two segments, Water and Industrial, and Energy Production. The company operates seven water and solids treatment and recycling facilities. It also acquires, develops, builds, and operates renewable natural gas (RNG) projects; and distributes RNG, biofuel, and hydrogen.