Altius Renewable Royalties Corp. (TSE:ARR – Free Report) – Investment analysts at National Bank Financial lowered their Q3 2024 earnings per share estimates for Altius Renewable Royalties in a note issued to investors on Sunday, May 5th. National Bank Financial analyst R. Merer now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.01. The consensus estimate for Altius Renewable Royalties’ current full-year earnings is $0.05 per share.
Altius Renewable Royalties (TSE:ARR – Get Free Report) last announced its earnings results on Thursday, May 2nd. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.05). The company had revenue of C$1.47 million for the quarter, compared to analyst estimates of C$1.50 million. Altius Renewable Royalties had a negative return on equity of 0.60% and a negative net margin of 227.79%.
Check Out Our Latest Stock Analysis on ARR
Altius Renewable Royalties Trading Up 1.2 %
Shares of TSE:ARR opened at C$9.38 on Tuesday. The firm has a market cap of C$288.81 million, a price-to-earnings ratio of -187.60 and a beta of 0.96. The company has a quick ratio of 102.67, a current ratio of 209.99 and a debt-to-equity ratio of 0.12. Altius Renewable Royalties has a 12 month low of C$6.60 and a 12 month high of C$9.75. The company’s fifty day simple moving average is C$8.98 and its 200 day simple moving average is C$8.15.
Altius Renewable Royalties Company Profile
Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. The company holds interests in a portfolio of 2,068 MW of operational wind, solar, and hydroelectric projects located in Texas, Kansas, California, and Vermont.
Read More
- Five stocks we like better than Altius Renewable Royalties
- What is the Hang Seng index?
- 3 CEO-Led Turnaround Stocks You Can Still Buy
- 5 Top Rated Dividend Stocks to Consider
- 3 Value Stocks You Can Buy Before They Become Big
- Earnings Per Share Calculator: How to Calculate EPS
- Chinese Stocks Stage Impressive Rebound
Receive News & Ratings for Altius Renewable Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altius Renewable Royalties and related companies with MarketBeat.com's FREE daily email newsletter.