AirBoss of America Corp. to Post Q3 2024 Earnings of ($0.03) Per Share, National Bank Financial Forecasts (TSE:BOS)

AirBoss of America Corp. (TSE:BOS - Free Report) - Analysts at National Bank Financial dropped their Q3 2024 EPS estimates for AirBoss of America in a report released on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now forecasts that the company will post earnings of ($0.03) per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for AirBoss of America's current full-year earnings is $0.10 per share. National Bank Financial also issued estimates for AirBoss of America's FY2024 earnings at ($0.41) EPS.

AirBoss of America (TSE:BOS - Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported C($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.06) by C($0.08). The business had revenue of C$130.48 million during the quarter, compared to the consensus estimate of C$142.42 million. AirBoss of America had a negative net margin of 13.99% and a negative return on equity of 33.87%.

Several other equities analysts have also weighed in on the stock. CIBC reduced their price target on shares of AirBoss of America from C$5.75 to C$4.00 in a research report on Thursday, August 15th. National Bankshares reduced their target price on shares of AirBoss of America from C$6.25 to C$5.75 and set a "sector perform" rating for the company in a research report on Tuesday, July 16th. Finally, TD Securities lifted their price target on shares of AirBoss of America from C$7.00 to C$8.00 and gave the stock a "buy" rating in a report on Wednesday, September 11th.

AirBoss of America Stock Performance

TSE:BOS traded up C$0.08 during trading on Monday, reaching C$5.08. The company's stock had a trading volume of 2,094 shares, compared to its average volume of 23,062. The firm has a market cap of C$137.82 million, a price-to-earnings ratio of -1.85, a price-to-earnings-growth ratio of -550.53 and a beta of 2.05. AirBoss of America has a 12 month low of C$3.65 and a 12 month high of C$6.31. The company has a debt-to-equity ratio of 92.36, a quick ratio of 1.07 and a current ratio of 2.17. The firm has a 50 day moving average of C$4.75 and a 200-day moving average of C$5.34.

AirBoss of America Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.035 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.14 dividend on an annualized basis and a yield of 2.76%. AirBoss of America's dividend payout ratio is presently -5.11%.

AirBoss of America Company Profile

AirBoss of America Corp., together with its subsidiaries, manufactures and sells rubber-based products in Canada, the United States, and internationally. It operates through AirBoss Rubber Solutions and AirBoss Manufactured Products segments. The AirBoss Rubber Solutions segment involves in the manufacture and distribution of rubber compounds and rubber compounding related chemicals for various application in automotive, heavy industry, rollers, conveyor belting, defense, construction and infrastructure, mining, transportation, and oil and gas industries.