Stingray Digitl (RAY) to Release Earnings on Tuesday

Stingray Digitl (TSE:RAY) will be announcing its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of C$0.27 per share for the quarter.

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

Stingray Digitl Stock Performance

Stingray Digitl Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of ∞. The ex-dividend date was Friday, August 30th.

Wall Street Analyst Weigh In

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

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.