Q4 2024 EPS Estimates for RediShred Capital Corp. Increased by Cormark (CVE:KUT)

RediShred Capital Corp. (CVE:KUT) – Cormark upped their Q4 2024 earnings per share (EPS) estimates for shares of RediShred Capital in a research note issued on Wednesday, May 1st. Cormark analyst D. Ocampo now anticipates that the company will earn $0.02 per share for the quarter, up from their prior estimate of ($0.01). The consensus estimate for RediShred Capital’s current full-year earnings is $0.08 per share.

RediShred Capital (CVE:KUT) last announced its earnings results on Monday, April 29th. The company reported C($0.07) EPS for the quarter. RediShred Capital had a negative net margin of 0.41% and a negative return on equity of 0.55%. The firm had revenue of C$16.82 million during the quarter.

RediShred Capital Trading Up 4.8 %

CVE:KUT opened at C$2.85 on Friday. RediShred Capital has a 52 week low of C$2.32 and a 52 week high of C$4.33. The firm has a 50-day moving average price of C$2.78 and a two-hundred day moving average price of C$2.86. The company has a debt-to-equity ratio of 77.38, a quick ratio of 1.33 and a current ratio of 0.81. The firm has a market cap of C$52.16 million, a price-to-earnings ratio of -272.00 and a beta of 1.31.

RediShred Capital Company Profile

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates fifteen corporate shredding locations.