$0.56 Earnings Per Share Expected for Cantel Medical Corp. (CMD) This Quarter

Equities analysts expect Cantel Medical Corp. (NYSE:CMD) to post earnings of $0.56 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Cantel Medical’s earnings. Cantel Medical posted earnings per share of $0.60 in the same quarter last year, which would indicate a negative year over year growth rate of 6.7%. The firm is scheduled to announce its next quarterly earnings report on Thursday, May 30th.

On average, analysts expect that Cantel Medical will report full-year earnings of $2.37 per share for the current financial year. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.75 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Cantel Medical.

Separately, Raymond James lowered Cantel Medical from an “outperform” rating to a “market perform” rating in a report on Friday, March 1st.

NYSE CMD opened at $66.07 on Friday. Cantel Medical has a 52 week low of $63.68 and a 52 week high of $130.92. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.79 and a current ratio of 2.74. The firm has a market cap of $2.84 billion, a PE ratio of 26.32 and a beta of 1.15.

Cantel Medical Company Profile

Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.

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