Cormark Equities Analysts Raise Earnings Estimates for Wi-Lan Inc. (QTR)
Wi-Lan Inc. (TSE:QTR) – Analysts at Cormark boosted their Q3 2017 earnings per share (EPS) estimates for shares of Wi-Lan in a research report issued on Monday. Cormark analyst R. Peters now forecasts that the company will post earnings of $0.08 per share for the quarter, up from their previous estimate of ($0.01). Cormark also issued estimates for Wi-Lan’s Q4 2017 earnings at $0.06 EPS, FY2017 earnings at $0.16 EPS and FY2018 earnings at $0.26 EPS.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be given a dividend of $0.013 per share. This represents a $0.05 annualized dividend and a dividend yield of Infinity. The ex-dividend date is Thursday, September 14th.
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