FY2019 Earnings Forecast for Titanium Transportation Group Inc Issued By Desjardins (CVE:TTR)

Titanium Transportation Group Inc (CVE:TTR) – Analysts at Desjardins cut their FY2019 earnings per share estimates for shares of Titanium Transportation Group in a research note issued on Wednesday, May 1st, Zacks Investment Research reports. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $0.15 per share for the year, down from their prior estimate of $0.18. Desjardins also issued estimates for Titanium Transportation Group’s FY2021 earnings at $0.24 EPS.

Titanium Transportation Group (CVE:TTR) last posted its quarterly earnings results on Tuesday, April 30th. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.02). The business had revenue of C$39.00 million for the quarter, compared to the consensus estimate of C$45.87 million.

Shares of Titanium Transportation Group stock remained flat at $C$1.30 during trading hours on Monday. 2,500 shares of the stock traded hands, compared to its average volume of 15,639. Titanium Transportation Group has a fifty-two week low of C$1.20 and a fifty-two week high of C$2.40. The company has a debt-to-equity ratio of 219.32, a quick ratio of 0.78 and a current ratio of 0.84. The firm has a market cap of $47.82 million and a PE ratio of 9.29.

Titanium Transportation Group Company Profile

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates through two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment.

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Earnings History and Estimates for Titanium Transportation Group (CVE:TTR)

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