Q4 2017 EPS Estimates for CanWel Building Materials Group Ltd Boosted by Analyst (CWX)

CanWel Building Materials Group Ltd (TSE:CWX) – Investment analysts at National Bank Financial upped their Q4 2017 earnings per share estimates for shares of CanWel Building Materials Group in a report released on Sunday. National Bank Financial analyst L. Aghazarian now forecasts that the company will post earnings of $0.07 per share for the quarter, up from their previous estimate of $0.05. National Bank Financial currently has a “Outperform” rating and a $7.50 price target on the stock.

CanWel Building Materials Group (TSE:CWX) last issued its quarterly earnings results on Thursday, November 9th. The company reported C$0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.17. The business had revenue of C$316.84 million during the quarter, compared to analysts’ expectations of C$287.83 million. CanWel Building Materials Group had a return on equity of 15.13% and a net margin of 3.65%.

Separately, Royal Bank of Canada restated an “outperform” rating and set a C$7.50 price objective on shares of CanWel Building Materials Group in a research report on Monday, October 23rd.

CanWel Building Materials Group (TSE:CWX) opened at C$6.56 on Wednesday. CanWel Building Materials Group has a 1 year low of C$5.76 and a 1 year high of C$7.50. The company has a market cap of $509.45, a P/E ratio of 18.74 and a beta of 0.49.

WARNING: “Q4 2017 EPS Estimates for CanWel Building Materials Group Ltd Boosted by Analyst (CWX)” was posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another domain, it was illegally copied and republished in violation of international trademark & copyright law. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/02/07/q4-2017-eps-estimates-for-canwel-building-materials-group-ltd-boosted-by-analyst-cwx.html.

About CanWel Building Materials Group

CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns.

Receive News & Ratings for CanWel Building Materials Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CanWel Building Materials Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply