Q1 2024 Earnings Estimate for Atlas Engineered Products Ltd. Issued By Cormark (CVE:AEP)

Atlas Engineered Products Ltd. (CVE:AEP) – Equities researchers at Cormark cut their Q1 2024 EPS estimates for shares of Atlas Engineered Products in a research note issued to investors on Monday, April 29th. Cormark analyst D. Ocampo now forecasts that the company will earn ($0.01) per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.17 per share. Cormark also issued estimates for Atlas Engineered Products’ Q4 2024 earnings at $0.01 EPS, FY2024 earnings at $0.08 EPS, Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.02 EPS and FY2026 earnings at $0.17 EPS.

Atlas Engineered Products Trading Down 0.7 %

Atlas Engineered Products stock opened at C$1.41 on Wednesday. The firm has a 50 day simple moving average of C$1.51 and a 200-day simple moving average of C$1.28. The company has a debt-to-equity ratio of 116.51, a current ratio of 3.38 and a quick ratio of 2.31. The stock has a market capitalization of C$83.36 million, a PE ratio of 20.14 and a beta of 1.16. Atlas Engineered Products has a 12-month low of C$0.93 and a 12-month high of C$1.70.

About Atlas Engineered Products

Atlas Engineered Products Ltd. designs, manufactures, and sells engineered roof trusses, floor trusses, wall panels, and windows in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.