Q1 2019 EPS Estimates for Akumin Inc. Lifted by Cormark (AKU)

Akumin Inc. (TSE:AKU) – Equities research analysts at Cormark boosted their Q1 2019 earnings per share (EPS) estimates for Akumin in a report issued on Monday, November 12th. Cormark analyst T. Gonsalves now forecasts that the company will post earnings of $0.08 per share for the quarter, up from their prior forecast of $0.07. Cormark also issued estimates for Akumin’s Q2 2019 earnings at $0.11 EPS, Q3 2019 earnings at $0.09 EPS, Q4 2019 earnings at $0.15 EPS and FY2019 earnings at $0.41 EPS.

Akumin (TSE:AKU) last released its quarterly earnings data on Monday, August 13th. The company reported C$0.03 EPS for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.01). The firm had revenue of C$47.46 million for the quarter, compared to the consensus estimate of C$45.52 million.

Separately, National Bank Financial restated an “outperform market weight” rating on shares of Akumin in a research report on Tuesday, September 25th.

AKU stock opened at C$5.02 on Wednesday. Akumin has a 12 month low of C$4.51 and a 12 month high of C$7.05.

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Earnings History and Estimates for Akumin (TSE:AKU)

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