Badger Infrastructure Solutions Ltd. (TSE:BDG) to Post FY2024 Earnings of $2.38 Per Share, Stifel Canada Forecasts

Badger Infrastructure Solutions Ltd. (TSE:BDG) – Stifel Canada cut their FY2024 earnings per share estimates for Badger Infrastructure Solutions in a research note issued to investors on Tuesday, July 23rd. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings per share of $2.38 for the year, down from their prior forecast of $2.63. Stifel Canada also issued estimates for Badger Infrastructure Solutions’ FY2025 earnings at $3.24 EPS.

Badger Infrastructure Solutions Stock Performance

Badger Infrastructure Solutions (TSE:BDG) last issued its quarterly earnings data on Wednesday, May 1st. The company reported C$0.19 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.12 by C$0.07. The company had revenue of C$217.81 million for the quarter, compared to the consensus estimate of C$221.03 million.

Badger Infrastructure Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Friday, June 28th.