Equities Analysts Lower Earnings Estimates for Crown Capital Partners Inc (CRN)

Equities Analysts Lower Earnings Estimates for Crown Capital Partners Inc (CRN)

Crown Capital Partners Inc (TSE:CRN) – National Bank Financial decreased their FY2019 earnings per share estimates for shares of Crown Capital Partners in a research note issued to investors on Tuesday, May 7th, according to Zacks Investment Research. National Bank Financial analyst J. Gloyn now expects that the company will earn $0.16 per share for the year, down from their prior estimate of $0.79.

Crown Capital Partners (TSE:CRN) last posted its quarterly earnings results on Tuesday, May 7th. The company reported C$0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.21 by C$0.40. The business had revenue of C$9.54 million during the quarter, compared to analyst estimates of C$7.88 million.

Crown Capital Partners has a 52-week low of C$7.63 and a 52-week high of C$11.90.
The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date was Thursday, May 16th.

About Crown Capital Partners

Crown Capital Partners Inc is a Canada-based specialty finance company. The Company is focused on providing capital to Canadian companies and selected the United States companies that are unwilling or unable to obtain suitable financing from traditional capital providers, such as banks and private equity funds.

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