FY2025 Earnings Forecast for CVE:ELE Issued By Raymond James

Elemental Altus Royalties Corp. (CVE:ELE) – Investment analysts at Raymond James decreased their FY2025 EPS estimates for Elemental Altus Royalties in a research note issued to investors on Tuesday, May 20th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.10 for the year, down from their previous estimate of $0.11. Raymond James also issued estimates for Elemental Altus Royalties’ Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.10 EPS.

Elemental Altus Royalties Stock Down 2.1%

ELE stock opened at C$1.38 on Thursday. The business has a 50 day moving average of C$1.37 and a 200 day moving average of C$1.24. The firm has a market cap of C$234.41 million and a PE ratio of 170.52. Elemental Altus Royalties has a twelve month low of C$0.97 and a twelve month high of C$1.52.

Elemental Altus Royalties Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.