FY2018 Earnings Forecast for Student Transportation Inc. Issued By National Bank Financial (STB)

Student Transportation Inc. (TSE:STB) (NASDAQ:STB) – Stock analysts at National Bank Financial dropped their FY2018 EPS estimates for shares of Student Transportation in a research note issued on Tuesday. National Bank Financial analyst G. Colman now forecasts that the company will post earnings per share of $0.09 for the year, down from their prior estimate of $0.13.

Student Transportation (TSE:STB) (NASDAQ:STB) last issued its earnings results on Thursday, November 9th. The company reported C($0.10) earnings per share for the quarter, topping the consensus estimate of C($0.15) by C$0.05. Student Transportation had a negative net margin of 7.44% and a negative return on equity of 27.55%. The company had revenue of C$134.76 million for the quarter, compared to analyst estimates of C$131.33 million.

Shares of Student Transportation (STB) traded down C$0.10 during midday trading on Friday, hitting C$7.18. 69,861 shares of the company’s stock traded hands, compared to its average volume of 117,496. Student Transportation has a 12 month low of C$6.98 and a 12 month high of C$8.25. The stock has a market capitalization of $690.74, a P/E ratio of 60.67 and a beta of 0.24.

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 15th will be issued a $0.0367 dividend. This represents a $0.44 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend is Tuesday, February 27th. Student Transportation’s dividend payout ratio (DPR) is presently 336.14%.

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Student Transportation Company Profile

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.

Earnings History and Estimates for Student Transportation (TSE:STB)

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