FY2024 EPS Estimates for CVE:ELE Reduced by Analyst

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Analysts at National Bank Financial decreased their FY2024 earnings per share (EPS) estimates for Elemental Altus Royalties in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.00 per share for the year, down from their prior estimate of $0.01. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ Q4 2024 earnings at $0.01 EPS.

Elemental Altus Royalties Stock Performance

Shares of ELE opened at C$1.18 on Wednesday. Elemental Altus Royalties has a 1-year low of C$0.97 and a 1-year high of C$1.29. The firm’s fifty day moving average is C$1.16.

Elemental Altus Royalties Company Profile

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Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.

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