Baylin Technologies Inc (TSE:BYL) – Investment analysts at Raymond James lowered their FY2019 earnings per share estimates for shares of Baylin Technologies in a research report issued to clients and investors on Wednesday, May 15th. Raymond James analyst S. Li now forecasts that the company will post earnings per share of $0.11 for the year, down from their prior forecast of $0.35. Raymond James has a “Outperform” rating and a $5.75 price target on the stock.
Separately, Cormark reduced their price target on Baylin Technologies from C$5.75 to C$5.50 in a research report on Friday, March 15th.
Baylin Technologies (TSE:BYL) last posted its quarterly earnings results on Wednesday, March 13th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The business had revenue of C$36.01 million during the quarter, compared to the consensus estimate of C$38.50 million.
Baylin Technologies Company Profile
Baylin Technologies Inc, through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas.
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