Calian Group Ltd (TSE:CGY) – Desjardins lifted their Q4 2019 earnings estimates for Calian Group in a report issued on Tuesday, April 2nd, Zacks Investment Research reports. Desjardins analyst B. Poirier now anticipates that the company will post earnings per share of $0.61 for the quarter, up from their prior forecast of $0.59.
Calian Group (TSE:CGY) last posted its quarterly earnings results on Wednesday, February 6th. The company reported C$0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.55 by C($0.12). The company had revenue of C$79.92 million during the quarter, compared to analysts’ expectations of C$86.10 million.
In related news, Director Raymond Gregory Basler sold 20,000 shares of Calian Group stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of C$31.00, for a total value of C$620,000.00. Following the sale, the director now directly owns 46,130 shares in the company, valued at C$1,430,030. Also, Senior Officer Jacqueline Gauthier sold 10,000 shares of Calian Group stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of C$30.50, for a total value of C$305,000.00. Following the transaction, the insider now directly owns 18,851 shares of the company’s stock, valued at C$574,955.50. Over the last 90 days, insiders sold 31,503 shares of company stock worth $971,488.
About Calian Group
Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. The company's Systems Engineering division plans, designs, and implements solutions in satellite communications, defense/security, and high-end telecommunications sectors.
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