Q3 2017 Earnings Estimate for Strad Energy Services Ltd Issued By Raymond James Financial (SDY)

Strad Energy Services Ltd (TSE:SDY) – Stock analysts at Raymond James Financial reduced their Q3 2017 earnings per share (EPS) estimates for Strad Energy Services in a report issued on Friday. Raymond James Financial analyst A. Bradford now anticipates that the brokerage will post earnings of $0.03 per share for the quarter, down from their prior forecast of $0.06. Raymond James Financial also issued estimates for Strad Energy Services’ Q4 2017 earnings at $0.05 EPS, FY2017 earnings at $0.09 EPS, Q1 2018 earnings at $0.10 EPS, Q3 2018 earnings at $0.08 EPS and FY2018 earnings at $0.31 EPS.

Earnings History and Estimates for Strad Energy Services (TSE:SDY)

Separately, AltaCorp Capital reissued a “sector perform” rating on shares of Strad Energy Services in a research report on Monday, August 15th.

Shares of Strad Energy Services (TSE:SDY) opened at 1.74 on Monday. The stock’s market capitalization is $64.87 million. The firm’s 50 day moving average is $1.60 and its 200 day moving average is $1.59. Strad Energy Services has a 52-week low of $1.31 and a 52-week high of $2.56.

Strad Energy Services Company Profile

Strad Energy Services Ltd. is engaged in providing a range of well-site and energy infrastructure solutions, including Surface Equipment, Environmental and Access Matting, Solids Control and Waste Management, EcoPond (frac-water storage), Drill Pipe and Matting Manufacturing. Its commodity exposure includes conventional and unconventional oil, liquids rich natural gas, and dry natural gas, as well as exposure to Energy Infrastructure projects related to oil sands, pipelines and power transmission.

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