Stingray Digitl FY2025 EPS Forecast Decreased by Desjardins

Stingray Digitl (TSE:RAY) – Analysts at Desjardins dropped their FY2025 EPS estimates for Stingray Digitl in a report issued on Thursday, November 7th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings per share of $1.01 for the year, down from their prior estimate of $1.09. Desjardins also issued estimates for Stingray Digitl’s FY2026 earnings at $1.21 EPS.

Separately, Cibc World Mkts upgraded shares of Stingray Digitl to a “strong-buy” rating in a report on Thursday, August 8th.

Stingray Digitl Stock Performance

Stingray Digitl (TSE:RAY) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.01). The firm had revenue of C$89.07 million during the quarter, compared to analyst estimates of C$84.55 million.

Stingray Digitl Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, November 29th.

About Stingray Digitl

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners.