Bird Construction Expected to Post Q2 2018 Earnings of ($0.01) Per Share (BDT)

Bird Construction (TSE:BDT) – Stock analysts at National Bank Financial issued their Q2 2018 EPS estimates for shares of Bird Construction in a report released on Wednesday, May 9th. National Bank Financial analyst M. Sytchev anticipates that the company will earn ($0.01) per share for the quarter. National Bank Financial has a “Outperform” rating and a $9.50 price target on the stock. National Bank Financial also issued estimates for Bird Construction’s Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.14 EPS and FY2019 earnings at $0.50 EPS.

Several other analysts have also recently commented on BDT. Raymond James reduced their price objective on shares of Bird Construction from C$12.00 to C$11.50 and set an “outperform” rating for the company in a research note on Monday, March 12th. TD Securities reduced their price objective on shares of Bird Construction from C$10.00 to C$9.00 and set a “hold” rating for the company in a research note on Thursday.

Shares of Bird Construction opened at C$8.02 on Friday, according to Bird Construction has a 52 week low of C$7.74 and a 52 week high of C$10.40.

Bird Construction (TSE:BDT) last released its earnings results on Thursday, March 8th. The company reported C$0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.15 by C($0.04). Bird Construction had a return on equity of 14.09% and a net margin of 1.44%. The firm had revenue of C$377.71 million during the quarter, compared to analyst estimates of C$421.00 million.

About Bird Construction

Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings; and performs civil construction operations, including site preparation, concrete foundations, metal and modular fabrication, mechanical process work, underground piping, and earthwork for clients primarily operating in the oil and gas, and mining businesses.

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