Spruce Ridge Resources Ltd (SHL) to Post Q3 2017 Earnings of $0.09 Per Share, Cormark Forecasts
Spruce Ridge Resources Ltd (TSE:SHL) – Equities researchers at Cormark increased their Q3 2017 earnings per share estimates for shares of Spruce Ridge Resources in a research note issued to investors on Friday. Cormark analyst J. Zhang now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their prior estimate of $0.08. Cormark also issued estimates for Spruce Ridge Resources’ Q4 2017 earnings at $0.23 EPS, FY2017 earnings at $0.11 EPS, Q1 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.38 EPS and FY2018 earnings at $1.10 EPS.
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