Atrium Research Brokers Raise Earnings Estimates for CVE:DWS

Diamond Estates Wines & Spirits Inc. (CVE:DWS) – Analysts at Atrium Research upped their FY2027 earnings estimates for Diamond Estates Wines & Spirits in a report issued on Friday, August 21st. Atrium Research analyst N. Cortellucci now forecasts that the company will post earnings per share of $0.02 for the year, up from their prior estimate of $0.01. The consensus estimate for Diamond Estates Wines & Spirits’ current full-year earnings is $0.01 per share.

Diamond Estates Wines & Spirits Stock Performance

Shares of DWS stock opened at C$0.14 on Tuesday. The company has a debt-to-equity ratio of 122.17, a quick ratio of 0.11 and a current ratio of 0.90. The firm has a market cap of C$9.83 million, a price-to-earnings ratio of -7.25 and a beta of 1.09. Diamond Estates Wines & Spirits has a 52 week low of C$0.13 and a 52 week high of C$0.23. The firm’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.16.

About Diamond Estates Wines & Spirits

Diamond Estates Wines & Spirits Inc produces, markets, distributes, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces VQA wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Shiny Apple Cider, Fresh, Red Tractor, Seasons, Serenity, D’Ont Poke the Bear, and Backyard Vineyards brand names. The company also sells its products through liquor boards, licensed restaurants and bars, grocery chains, direct-to-consumer, and retail stores, as well as acts as a sales agent for beverage alcohol brands.