Stingray Digitl (RAY) Set to Announce Earnings on Tuesday

Stingray Digitl (TSE:RAY) is set to post its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect Stingray Digitl to post earnings of C$0.27 per share for the quarter.

Stingray Digitl (TSE:RAY) last released its quarterly earnings data on Tuesday, August 6th. The company reported C$0.20 EPS for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.01). The business had revenue of C$89.07 million for the quarter, compared to analysts’ expectations of C$84.55 million.

Stingray Digitl Stock Performance

Stingray Digitl Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were issued a dividend of $0.075 per share. The ex-dividend date was Friday, August 30th. This represents a $0.30 annualized dividend and a dividend yield of ∞.

Analysts Set New Price Targets

Separately, Cibc World Mkts raised shares of Stingray Digitl to a “strong-buy” rating in a research note on Thursday, August 8th.

About Stingray Digitl

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners.