Brokers Offer Predictions for PFB Co.’s FY2019 Earnings (PFB)

PFB Co. (TSE:PFB) – Equities researchers at Cormark increased their FY2019 earnings per share estimates for shares of PFB in a note issued to investors on Monday, October 29th. Cormark analyst M. Macdougall now expects that the company will post earnings of $1.05 per share for the year, up from their previous forecast of $0.88. Cormark has a “Buy” rating and a $10.25 price target on the stock.

PFB (TSE:PFB) last posted its earnings results on Thursday, October 25th. The company reported C$0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.30 by C$0.18. PFB had a net margin of 5.30% and a return on equity of 12.23%. The business had revenue of C$39.37 million for the quarter.

TSE:PFB opened at C$9.35 on Tuesday. PFB has a 1 year low of C$7.90 and a 1 year high of C$10.45.

PFB Company Profile

PFB Corporation manufactures and markets insulating building products made from expanded polystyrene materials (EPS) for the residential and commercial construction markets in the North America. The company offers EPS rigid foam boards used in insulating roofs, floors, and walls; flotation and buoyancy products; geotechnical engineered applications; packaging and display products; and building systems under the Plasti-Fab brand name.

Read More: Return on Investment (ROI)

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