Raymond James Analysts Lower Earnings Estimates for SNC-Lavalin Group Inc. (TSE:ATR)

SNC-Lavalin Group Inc. (TSE:ATR) – Equities research analysts at Raymond James dropped their Q3 2024 earnings per share (EPS) estimates for SNC-Lavalin Group in a research note issued on Monday, August 12th. Raymond James analyst F. Bastien now expects that the company will earn $0.53 per share for the quarter, down from their previous estimate of $0.58. Raymond James also issued estimates for SNC-Lavalin Group’s Q4 2024 earnings at $0.62 EPS, FY2024 earnings at $2.05 EPS, Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $0.79 EPS and FY2025 earnings at $2.75 EPS.

SNC-Lavalin Group Stock Performance

SNC-Lavalin Group (TSE:ATR) last released its quarterly earnings data on Wednesday, May 15th. The company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.42 by C($0.04). The business had revenue of C$2.26 billion during the quarter, compared to the consensus estimate of C$2.10 billion.

SNC-Lavalin Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 23rd will be given a $0.02 dividend. This is a boost from SNC-Lavalin Group’s previous quarterly dividend of $0.02. The ex-dividend date is Friday, August 23rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of ∞.

SNC-Lavalin Group Company Profile

AptarGroup, Inc provides a range of dispensing, sealing, and material science solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Pharma, Beauty + Home, and Food + Beverage.