Cormark Research Analysts Lower Earnings Estimates for Mosaic Capital Corp (M)
Mosaic Capital Corp (CVE:M) – Analysts at Cormark lowered their FY2017 earnings estimates for Mosaic Capital Corp in a research note issued on Wednesday. Cormark analyst G. Fairweather now forecasts that the company will post earnings of ($0.01) per share for the year, down from their previous forecast of $0.18.
Separately, Canaccord Genuity lowered Mosaic Capital Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, April 4th.
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Mosaic Capital Corp Company Profile
Mosaic Capital Corporation is a Canada-based investment company that owns a portfolio of businesses. The Company operates through four segments: Infrastructure, Energy, Diversified and Real Estate. Within the Infrastructure, Energy and Diversified segments, its portfolio of businesses operate in printing, oil and gas services, potash, construction and industrial supply industries.
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