Equities Analysts Set Expectations for StorageVault Canada’s Q2 2018 Earnings (SVI)

StorageVault Canada (CVE:SVI) – Investment analysts at Raymond James issued their Q2 2018 EPS estimates for StorageVault Canada in a research note issued to investors on Tuesday, May 15th. Raymond James analyst J. Rodrigues forecasts that the company will earn $0.02 per share for the quarter. Raymond James also issued estimates for StorageVault Canada’s Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.03 EPS, FY2018 earnings at $0.09 EPS, Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.03 EPS, Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at $0.03 EPS and FY2019 earnings at $0.12 EPS.

Several other research firms have also issued reports on SVI. National Bank Financial reissued an “outperfrom under weight” rating on shares of StorageVault Canada in a research report on Monday, April 30th. TD Securities set a C$3.00 price target on shares of StorageVault Canada and gave the stock a “buy” rating in a research report on Friday, March 9th.

StorageVault Canada opened at C$2.40 on Friday, Marketbeat reports. StorageVault Canada has a 12-month low of C$2.03 and a 12-month high of C$2.85.

StorageVault Canada (CVE:SVI) last posted its quarterly earnings results on Tuesday, May 15th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.02 by C($0.04). StorageVault Canada had a negative return on equity of 29.63% and a negative net margin of 83.46%. The business had revenue of C$20.91 million during the quarter.

In related news, Director John C. Drake sold 24,300 shares of the stock in a transaction dated Wednesday, April 18th. The shares were sold at an average price of C$2.45, for a total value of C$59,535.00.

StorageVault Canada Company Profile

StorageVault Canada Inc engages in the owning, operating, and renting self storage and portable storage space for individual and commercial customers in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec, Canada. It operates a network of 49 stores with a total rentable space of 2,635,032 square feet, which comprise 24,719 rental units under the Access Storage, Storage For Your Life, and Depotium Mini-Entrepots brand names.

Earnings History and Estimates for StorageVault Canada (CVE:SVI)

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