Solium Capital (SUM) to Release Quarterly Earnings on Tuesday

Solium Capital (TSE:SUM) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 6th.

Solium Capital (TSE:SUM) last released its quarterly earnings results on Wednesday, August 8th. The company reported C($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of C$0.01 by C($0.02). The business had revenue of C$34.73 million for the quarter, compared to the consensus estimate of C$32.68 million. Solium Capital had a negative return on equity of 0.41% and a negative net margin of 0.54%.

TSE SUM traded up C$0.01 during trading hours on Tuesday, reaching C$11.10. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 43,173. Solium Capital has a one year low of C$9.91 and a one year high of C$13.24.



In related news, Director Michael Graeme Broadfoot sold 3,370 shares of the stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of C$11.00, for a total transaction of C$37,070.00.

SUM has been the topic of a number of research analyst reports. National Bank Financial increased their price target on Solium Capital from C$13.50 to C$14.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Laurentian increased their price target on Solium Capital from C$13.00 to C$14.00 in a research report on Thursday, August 9th. Canaccord Genuity increased their price target on Solium Capital from C$12.75 to C$14.00 in a research report on Thursday, August 9th. Finally, CIBC increased their price target on Solium Capital from C$11.50 to C$13.50 and gave the stock a “c$12.86” rating in a research report on Monday, July 23rd.

Solium Capital Company Profile

Solium Capital Inc provides cloud-enabled services for administration, financial reporting, and compliance related to equity-based incentive plans in Canada, the United States, and internationally. The company offers Shareworks software platforms, such as Plan Admin that unifies various plans to get trusted data and timely reports; Shareworks Participant Experience, which provides a tool for participants to manage their equity plans; and Shareworks Forms Filing for achieving compliance with Section 16 SEC filing requirements.

Read More: Return on Equity (ROE)

Earnings History for Solium Capital (TSE:SUM)

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