Black Diamond Group (BDI) to Release Quarterly Earnings on Thursday

Black Diamond Group (TSE:BDI) will be issuing its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of C$0.11 per share for the quarter.

Black Diamond Group (TSE:BDI) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C$0.02 EPS for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.06). The company had revenue of C$73.60 million during the quarter, compared to the consensus estimate of C$88.60 million. Black Diamond Group had a return on equity of 9.95% and a net margin of 7.11%.

Black Diamond Group Trading Up 1.4 %

TSE:BDI opened at C$8.90 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.05 and a debt-to-equity ratio of 73.81. The firm’s 50 day moving average is C$8.12 and its 200 day moving average is C$8.57. Black Diamond Group has a 12 month low of C$5.80 and a 12 month high of C$9.92. The stock has a market capitalization of C$546.19 million, a PE ratio of 20.23 and a beta of 1.62.

Analyst Upgrades and Downgrades

BDI has been the topic of a number of research analyst reports. BMO Capital Markets reduced their target price on Black Diamond Group from C$12.00 to C$11.00 in a report on Tuesday, April 23rd. Canaccord Genuity Group reduced their target price on Black Diamond Group from C$11.00 to C$10.25 and set a “buy” rating on the stock in a report on Monday, May 6th.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.