Black Diamond Group Limited to Post Q4 2017 Earnings of ($0.10) Per Share, Clarus Securities Forecasts (BDI)

Black Diamond Group Limited (TSE:BDI) – Stock analysts at Clarus Securities reduced their Q4 2017 EPS estimates for Black Diamond Group Limited in a research note issued to investors on Thursday. Clarus Securities analyst S. Kammermayer now anticipates that the company will post earnings of ($0.10) per share for the quarter, down from their prior estimate of ($0.08). Clarus Securities has a “Hold” rating on the stock. Clarus Securities also issued estimates for Black Diamond Group Limited’s Q1 2018 earnings at ($0.07) EPS, Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at ($0.03) EPS, Q4 2018 earnings at ($0.02) EPS and FY2018 earnings at ($0.22) EPS.

BDI has been the subject of a number of other reports. CIBC lowered their target price on Black Diamond Group Limited from C$4.00 to C$2.75 in a research note on Thursday, July 20th. National Bank Financial reduced their price target on Black Diamond Group Limited from C$4.50 to C$3.00 and set a “sector perform” rating for the company in a research report on Friday, August 4th. Scotiabank reduced their price target on Black Diamond Group Limited from C$2.25 to C$2.00 and set an “underperform” rating for the company in a research report on Thursday, November 9th. Royal Bank Of Canada reduced their price target on Black Diamond Group Limited from C$3.50 to C$2.50 and set a “sector perform” rating for the company in a research report on Friday. Finally, Acumen Capital reduced their price target on Black Diamond Group Limited from C$4.50 to C$3.25 and set a “buy” rating for the company in a research report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of C$2.92.

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Shares of Black Diamond Group Limited (TSE BDI) opened at C$2.05 on Monday. Black Diamond Group Limited has a 52 week low of C$1.55 and a 52 week high of C$5.88.

In other Black Diamond Group Limited news, insider Edward James Kernaghan purchased 15,000 shares of the business’s stock in a transaction on Wednesday, October 25th. The stock was acquired at an average price of C$1.86 per share, with a total value of C$27,900.00. Insiders have acquired a total of 83,700 shares of company stock valued at $158,718 in the last ninety days.

About Black Diamond Group Limited

Black Diamond Group Limited is a Canada-based company, which rents and sells modular workforce accommodation and space rental solutions to customers in Canada, the United States and Australia. The Company offers lodging and other support services related to remote workforce accommodation and space rentals.

Earnings History and Estimates for Black Diamond Group Limited (TSE:BDI)

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