TSE:HPS FY2024 EPS Raised by National Bank Financial

Hammond Power Solutions Inc. (TSE:HPS) – National Bank Financial boosted their FY2024 earnings estimates for shares of Hammond Power Solutions in a report issued on Tuesday, October 29th. National Bank Financial analyst R. Merer now expects that the company will post earnings per share of $5.21 for the year, up from their previous estimate of $5.10. National Bank Financial also issued estimates for Hammond Power Solutions’ Q4 2024 earnings at $1.20 EPS, FY2025 earnings at $6.33 EPS and FY2026 earnings at $6.80 EPS.

Separately, Acumen Capital upgraded shares of Hammond Power Solutions to a “strong-buy” rating in a research report on Tuesday, September 24th.

Hammond Power Solutions Price Performance

Hammond Power Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 20th were given a dividend of $0.275 per share. The ex-dividend date was Friday, September 20th. This represents a $1.10 annualized dividend and a dividend yield of ∞.

Hammond Power Solutions Company Profile

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.