CRH Medical Corp (CRH) Expected to Post FY2017 Earnings of $0.15 Per Share

CRH Medical Corp (TSE:CRH) – Research analysts at Cormark decreased their FY2017 earnings per share estimates for shares of CRH Medical Corp in a report issued on Thursday. Cormark analyst D. Novak now forecasts that the company will post earnings per share of $0.15 for the year, down from their previous forecast of $0.17. Cormark also issued estimates for CRH Medical Corp’s Q4 2017 earnings at $0.09 EPS, Q1 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $0.22 EPS.

CRH has been the subject of several other research reports. Scotiabank lowered their price objective on shares of CRH Medical Corp from C$7.00 to C$6.75 and set an “outperform” rating for the company in a research report on Thursday, August 3rd. TD Securities raised their price objective on shares of CRH Medical Corp from C$5.50 to C$10.00 and gave the company a “hold” rating in a research report on Tuesday, July 18th. National Bank Financial lowered their price objective on shares of CRH Medical Corp from C$9.00 to C$7.00 in a research report on Monday, July 17th. Bloom Burton cut shares of CRH Medical Corp from a “buy” rating to an “accumulate” rating in a research report on Friday, July 14th. Finally, Beacon Securities cut shares of CRH Medical Corp from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$4.50.

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Shares of CRH Medical Corp (TSE:CRH) opened at C$2.37 on Monday.

About CRH Medical Corp

CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.

Earnings History and Estimates for CRH Medical Corp (TSE:CRH)

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