Cara Operations Ltd Expected to Earn FY2017 Earnings of $1.89 Per Share (CAO)

Cara Operations Ltd (TSE:CAO) – Equities researchers at National Bank Financial increased their FY2017 earnings per share (EPS) estimates for Cara Operations in a research report issued on Monday. National Bank Financial analyst L. Aghazarian now anticipates that the company will post earnings per share of $1.89 for the year, up from their prior forecast of $1.83. National Bank Financial also issued estimates for Cara Operations’ Q4 2017 earnings at $0.57 EPS and FY2019 earnings at $2.24 EPS.

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Cara Operations Company Profile

Cara Operations Limited is a Canada-based full service restaurant operator and franchisor. The Company operates through three segments: corporate restaurants, franchise restaurants and central operations. The corporate restaurant segment includes the operations of the Company-owned restaurants, which generate revenues from the direct sale of prepared food and beverages to customers.

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