Q1 2018 EPS Estimates for Datawind Inc Reduced by Cormark (DW)

Datawind Inc (TSE:DW) – Investment analysts at Cormark decreased their Q1 2018 earnings per share estimates for shares of Datawind in a report released on Wednesday. Cormark analyst H. Mak now forecasts that the firm will post earnings of ($0.12) per share for the quarter, down from their previous estimate of ($0.09). Cormark currently has a “Market Perform” rating on the stock. Cormark also issued estimates for Datawind’s Q2 2018 earnings at ($0.11) EPS, Q3 2018 earnings at ($0.10) EPS, Q4 2018 earnings at ($0.09) EPS and FY2018 earnings at ($0.42) EPS.

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Earnings History and Estimates for Datawind (TSE:DW)

Separately, Canaccord Genuity cut their target price on shares of Datawind from C$4.50 to C$0.75 and set a “sell” rating for the company in a research report on Tuesday, November 22nd.

Datawind (TSE:DW) traded up 2.27% during mid-day trading on Friday, hitting $0.45. 28,750 shares of the stock traded hands. The company’s market cap is $10.93 million. Datawind has a 12 month low of $0.41 and a 12 month high of $2.15. The company’s 50 day moving average is $0.66 and its 200 day moving average is $1.01.

“Q1 2018 EPS Estimates for Datawind Inc Reduced by Cormark (DW)” was first published by WKRB News and is owned by of WKRB News. If you are reading this news story on another publication, it was stolen and republished in violation of US & international copyright and trademark legislation. The original version of this news story can be viewed at http://www.wkrb13.com/markets/1981673/q1-2018-eps-estimates-for-datawind-inc-reduced-by-cormark-dw.html.

About Datawind

DataWind Inc is a Canada-based provider of Internet connectivity and wireless Web access products. The Company’s Internet Delivery Platform offers an Internet browsing solution by bundling a tablet device with a prepaid, second-generation (2G) Internet service plan. The Internet Delivery Platform’s acceleration and data reduction are accomplished through the use of its algorithms resident on the cloud-based servers.

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