Tervita Corp Expected to Earn Q2 2019 Earnings of ($0.06) Per Share (TSE:TEV)

Tervita Corp (TSE:TEV) – Investment analysts at Seaport Global Securities issued their Q2 2019 EPS estimates for Tervita in a report released on Monday, June 24th, according to Zacks Investment Research. Seaport Global Securities analyst M. Urban expects that the company will earn ($0.06) per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $9.00 price target on the stock. Seaport Global Securities also issued estimates for Tervita’s Q3 2019 earnings at $0.04 EPS, Q4 2019 earnings at $0.06 EPS, FY2019 earnings at $0.01 EPS, Q1 2020 earnings at $0.09 EPS, Q2 2020 earnings at ($0.01) EPS, Q3 2020 earnings at $0.07 EPS, Q4 2020 earnings at $0.10 EPS and FY2020 earnings at $0.25 EPS.

Tervita (TSE:TEV) last issued its earnings results on Thursday, May 2nd. The company reported C($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.06 by C($0.09). The firm had revenue of C$531.00 million during the quarter, compared to analyst estimates of C$370.00 million.

Other analysts also recently issued research reports about the company. Royal Bank of Canada set a $184.00 price objective on Jazz Pharmaceuticals and gave the stock a “buy” rating in a research note on Wednesday, July 3rd. Canaccord Genuity dropped their price objective on Trican Well Service from C$1.70 to C$1.55 in a research note on Wednesday, May 29th. Finally, CIBC dropped their price target on WestJet Airlines from C$22.00 to C$21.00 in a research note on Tuesday, April 23rd.

TEV traded up C$0.05 during mid-day trading on Wednesday, reaching C$6.55. The stock had a trading volume of 3,123 shares, compared to its average volume of 36,201. The company has a market cap of $799.39 million and a PE ratio of -9.46. The company has a quick ratio of 1.26, a current ratio of 1.44 and a debt-to-equity ratio of 248.49. The stock has a fifty day moving average price of C$6.58. Tervita has a 52 week low of C$5.60 and a 52 week high of C$10.50.

Tervita Company Profile

Tervita Corporation provides environmental solutions for oil and gas, mining, industry, community, and government customers in Canada and the United States. The company offers bioremediation services, caverns and oil field waste disposal, civil and environmental construction, commercial demolition and decommissioning, energy marketing, engineered landfill disposal, metals recycling, municipal and industrial water treatment, NORM management, oil and gas demolition and recovery, oil recovery, onsite produced and frac water treatment, onsite waste management, remediation and reclamation services, specialized waste containers, spill and emergency response, sulphur services, treatment recovery and disposal, waste classification and tracking services, waste transportation services, and water disposal wells.

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Earnings History and Estimates for Tervita (TSE:TEV)

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