Highwood Asset Management Ltd. (CVE:HAM) Forecasted to Earn Q2 2024 Earnings of $0.57 Per Share

Highwood Asset Management Ltd. (CVE:HAM) – Research analysts at Atb Cap Markets lifted their Q2 2024 EPS estimates for shares of Highwood Asset Management in a report released on Tuesday, May 7th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.57 per share for the quarter, up from their prior forecast of $0.54. Atb Cap Markets has a “Outperform” rating on the stock. The consensus estimate for Highwood Asset Management’s current full-year earnings is $1.19 per share. Atb Cap Markets also issued estimates for Highwood Asset Management’s Q3 2024 earnings at $0.58 EPS, Q4 2024 earnings at $0.65 EPS, FY2024 earnings at $2.24 EPS, FY2025 earnings at $2.15 EPS and FY2026 earnings at $1.57 EPS.

Highwood Asset Management Price Performance

Shares of HAM opened at C$6.65 on Thursday. Highwood Asset Management has a 12 month low of C$4.00 and a 12 month high of C$9.99. The company has a market cap of C$99.82 million, a P/E ratio of -33.25 and a beta of -0.87.

Highwood Asset Management (CVE:HAM) last posted its quarterly earnings data on Tuesday, April 16th. The company reported C$3.16 EPS for the quarter. Highwood Asset Management had a negative net margin of 8.71% and a negative return on equity of 4.70%. The firm had revenue of C$23.63 million during the quarter.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.