Pollard Banknote Limited (TSE:PBL) to Post FY2024 Earnings of $1.45 Per Share, Cormark Forecasts

Pollard Banknote Limited (TSE:PBL) – Cormark raised their FY2024 earnings per share estimates for Pollard Banknote in a report issued on Wednesday, July 31st. Cormark analyst D. Mcfadgen now anticipates that the company will earn $1.45 per share for the year, up from their previous forecast of $1.44. The consensus estimate for Pollard Banknote’s current full-year earnings is $1.38 per share. Cormark also issued estimates for Pollard Banknote’s FY2025 earnings at $2.09 EPS.

Pollard Banknote (TSE:PBL) last issued its earnings results on Wednesday, May 8th. The company reported C$0.25 EPS for the quarter. Pollard Banknote had a return on equity of 12.17% and a net margin of 6.43%. The business had revenue of C$125.74 million during the quarter, compared to the consensus estimate of C$132.30 million.

Separately, Raymond James cut their price target on shares of Pollard Banknote from C$43.00 to C$40.50 in a report on Friday, May 10th.

Pollard Banknote Price Performance

PBL stock opened at C$28.32 on Friday. The firm has a 50 day moving average of C$29.93 and a 200-day moving average of C$33.20. The firm has a market capitalization of C$766.34 million, a P/E ratio of 23.02 and a beta of 0.62. Pollard Banknote has a 12 month low of C$23.57 and a 12 month high of C$37.75. The company has a current ratio of 1.64, a quick ratio of 1.01 and a debt-to-equity ratio of 44.64.

Pollard Banknote Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, June 28th. Pollard Banknote’s dividend payout ratio (DPR) is presently 16.26%.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.