Stifel Canada Has Optimistic Outlook of TSE:BDG Q3 Earnings

Badger Infrastructure Solutions Ltd. (TSE:BDG) – Investment analysts at Stifel Canada raised their Q3 2024 earnings per share (EPS) estimates for shares of Badger Infrastructure Solutions in a research note issued to investors on Wednesday, October 16th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.98 for the quarter, up from their prior estimate of $0.97. Stifel Canada also issued estimates for Badger Infrastructure Solutions’ FY2024 earnings at $2.27 EPS and FY2025 earnings at $3.14 EPS.

Badger Infrastructure Solutions (TSE:BDG) last announced its earnings results on Thursday, August 1st. The company reported C$0.62 earnings per share for the quarter, hitting the consensus estimate of C$0.62. The company had revenue of C$255.64 million for the quarter, compared to analysts’ expectations of C$259.82 million.

Badger Infrastructure Solutions Stock Performance

Badger Infrastructure Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Monday, September 30th.