Trisura Group Ltd Forecasted to Post FY2019 Earnings of $1.71 Per Share (TSU)

Trisura Group Ltd (TSE:TSU) – Stock analysts at Cormark boosted their FY2019 EPS estimates for shares of Trisura Group in a research report issued to clients and investors on Monday, May 13th. Cormark analyst J. Fenwick now expects that the company will post earnings of $1.71 per share for the year, up from their previous forecast of $1.69. Cormark also issued estimates for Trisura Group’s Q4 2019 earnings at $0.52 EPS, Q1 2020 earnings at $0.70 EPS, Q2 2020 earnings at $0.69 EPS, Q3 2020 earnings at $0.79 EPS, Q4 2020 earnings at $0.78 EPS and FY2020 earnings at $2.95 EPS.

Separately, BMO Capital Markets boosted their target price on shares of Trisura Group from C$32.00 to C$33.00 in a research report on Monday, May 13th.

Shares of TSE TSU opened at C$30.15 on Thursday. The firm has a market cap of $200.32 million and a price-to-earnings ratio of 21.74. Trisura Group has a one year low of C$24.58 and a one year high of C$30.48. The company has a debt-to-equity ratio of 21.97, a quick ratio of 0.29 and a current ratio of 0.57.

Trisura Group (TSE:TSU) last issued its earnings results on Thursday, May 9th. The company reported C$0.37 EPS for the quarter, missing the consensus estimate of C$0.39 by C($0.02). The business had revenue of C$26.44 million for the quarter, compared to the consensus estimate of C$27.60 million.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada and the United States. The company offers contract surety bonds, such as performance, and labor and material payment bonds primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects.

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Earnings History and Estimates for Trisura Group (TSE:TSU)

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