Clarus Securities Analysts Reduce Earnings Estimates for Polaris Infrastructure Inc (PIF)

Polaris Infrastructure Inc (TSE:PIF) – Investment analysts at Clarus Securities dropped their Q3 2018 EPS estimates for Polaris Infrastructure in a report released on Wednesday, August 8th. Clarus Securities analyst S. Kammermayer now expects that the company will earn $0.29 per share for the quarter, down from their prior estimate of $0.38. Clarus Securities also issued estimates for Polaris Infrastructure’s Q4 2018 earnings at $0.30 EPS, Q1 2019 earnings at $0.39 EPS, Q2 2019 earnings at $0.31 EPS, Q3 2019 earnings at $0.44 EPS, Q4 2019 earnings at $0.46 EPS and FY2019 earnings at $1.61 EPS.

Polaris Infrastructure (TSE:PIF) last announced its quarterly earnings data on Tuesday, May 8th. The company reported C$0.04 EPS for the quarter, meeting the consensus estimate of C$0.04. The firm had revenue of C$18.62 million for the quarter, compared to analyst estimates of C$18.83 million.

Shares of Polaris Infrastructure opened at C$12.91 on Friday, according to MarketBeat.com. Polaris Infrastructure has a one year low of C$11.86 and a one year high of C$20.75.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 27th. Shareholders of record on Monday, August 27th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 14th. This represents a $0.60 annualized dividend and a yield of 4.65%.

About Polaris Infrastructure

Polaris Infrastructure Inc, a renewable energy company, acquires, explores, develops, and operates geothermal energy projects in Latin America. The company, through its subsidiaries, owns and operates a 72 megawatt net capacity geothermal facility, the San Jacinto project, located in northwest Nicaragua.

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Earnings History and Estimates for Polaris Infrastructure (TSE:PIF)

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