Student Transportation Inc. (TSE:STB) (NASDAQ:STB) – Research analysts at National Bank Financial lowered their FY2019 earnings per share estimates for Student Transportation in a note issued to investors on Tuesday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings of $0.16 per share for the year, down from their previous estimate of $0.22.
Student Transportation (TSE:STB) (NASDAQ:STB) last posted its quarterly earnings results on Thursday, November 9th. The company reported C($0.10) EPS for the quarter, beating the Zacks’ consensus estimate of C($0.15) by C$0.05. The business had revenue of C$134.76 million for the quarter, compared to analysts’ expectations of C$131.33 million. Student Transportation had a negative return on equity of 27.55% and a negative net margin of 7.44%.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.0367 per share. The ex-dividend date is Tuesday, February 27th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 6.05%. Student Transportation’s payout ratio is 366.70%.
About Student Transportation
Student Transportation Inc is a Canada-based company engaged in providing school bus transportation services in North America. The Company provides school bus and management services to public and private schools in North America and offers services, such as contracted services, special needs transportation, charter services, direct to parent and used bus sales.
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