Algoma Central Co. (TSE:ALC) – Stock analysts at Cormark cut their Q1 2019 earnings per share estimates for Algoma Central in a report released on Wednesday, November 14th. Cormark analyst D. Tyerman now forecasts that the company will post earnings of ($0.53) per share for the quarter, down from their prior estimate of ($0.48). Cormark also issued estimates for Algoma Central’s FY2019 earnings at $0.73 EPS, FY2020 earnings at $0.91 EPS, FY2021 earnings at $1.13 EPS and FY2022 earnings at $1.28 EPS.
TSE ALC opened at C$11.90 on Friday. Algoma Central has a 52 week low of C$11.71 and a 52 week high of C$16.04. The company has a current ratio of 0.82, a quick ratio of 0.68 and a debt-to-equity ratio of 46.58.
Algoma Central Company Profile
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes – St. Lawrence Waterway in Canada. It operates in four segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping. The Domestic Dry-Bulk segment operates 13 self-unloading bulk carriers and 8 gearless bulk carrier.
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