Aimia (AIM) Announces Quarterly Earnings Results

Aimia (TSE:AIM) posted its quarterly earnings results on Tuesday. The company reported C($0.05) earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of C$34.70 million for the quarter.

Shares of AIM stock opened at C$4.16 on Wednesday. Aimia has a 12-month low of C$1.97 and a 12-month high of C$4.60. The stock has a market cap of $641.21 million and a P/E ratio of -7.07.

A number of research firms have recently commented on AIM. BMO Capital Markets raised their price objective on shares of Aimia from C$4.25 to C$4.50 in a report on Friday, March 29th. Raymond James reaffirmed an “outperform” rating and set a C$5.00 price objective on shares of Aimia in a report on Thursday, March 21st. Finally, Industrial Alliance Securities raised shares of Aimia from a “speculative buy” rating to a “buy” rating and raised their price objective for the stock from C$5.00 to C$5.50 in a report on Friday, March 29th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of C$4.88.

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Aimia Company Profile

Aimia Inc, through its subsidiaries, operates as a data-driven marketing and loyalty analytics company worldwide. It operates through Coalitions, and Insights & Loyalty Solutions segments. The company owns and operates the Aeroplan Program, a coalition loyalty program in Canada, as well as non-platform based loyalty services business.

Read More: Cost of Capital Explained

Earnings History for Aimia (TSE:AIM)

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