Titanium Transportation Group Inc. (CVE:TTR) to Post Q1 2023 Earnings of $0.09 Per Share, Cormark Forecasts

Titanium Transportation Group Inc. (CVE:TTRGet Rating) – Equities researchers at Cormark increased their Q1 2023 earnings estimates for Titanium Transportation Group in a research report issued to clients and investors on Wednesday, May 18th. Cormark analyst D. Ocampo now forecasts that the company will post earnings of $0.09 per share for the quarter, up from their prior forecast of $0.07. Cormark also issued estimates for Titanium Transportation Group’s Q2 2023 earnings at $0.09 EPS, Q3 2023 earnings at $0.09 EPS, Q4 2023 earnings at $0.10 EPS and FY2024 earnings at $0.41 EPS.

Separately, Pi Financial restated a “buy” rating on shares of Titanium Transportation Group in a report on Thursday, February 3rd.

Shares of CVE TTR opened at C$2.45 on Thursday. The stock has a market capitalization of C$108.70 million and a price-to-earnings ratio of 20.42. The business has a 50-day moving average of C$2.51 and a 200-day moving average of C$2.71. The company has a debt-to-equity ratio of 142.22, a current ratio of 1.04 and a quick ratio of 0.91. Titanium Transportation Group has a fifty-two week low of C$2.15 and a fifty-two week high of C$3.99.

Titanium Transportation Group (CVE:TTRGet Rating) last announced its quarterly earnings data on Tuesday, March 8th. The company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.01). The firm had revenue of C$111.28 million during the quarter, compared to the consensus estimate of C$105.87 million.

Titanium Transportation Group Company Profile (Get Rating)

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment.

See Also

Earnings History and Estimates for Titanium Transportation Group (CVE:TTR)

Receive News & Ratings for Titanium Transportation Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Titanium Transportation Group and related companies with MarketBeat.com's FREE daily email newsletter.