Dirtt Environmental Solutions (DRT) Announces Quarterly Earnings Results, Beats Estimates By $0.15 EPS

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Dirtt Environmental Solutions (TSE:DRT) posted its earnings results on Wednesday. The company reported C$0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.03) by C$0.15, Morningstar.com reports. The company had revenue of C$98.66 million for the quarter, compared to analysts’ expectations of C$86.67 million.

Shares of TSE:DRT traded up C$0.70 on Thursday, reaching C$7.75. The company’s stock had a trading volume of 85,912 shares, compared to its average volume of 91,872. Dirtt Environmental Solutions has a 52-week low of C$4.39 and a 52-week high of C$7.93. The stock has a market capitalization of $607.01 million and a P/E ratio of -78.89. The company has a quick ratio of 2.10, a current ratio of 2.67 and a debt-to-equity ratio of 5.90.

Separately, Raymond James reaffirmed an “average” rating and set a C$8.75 target price on shares of Dirtt Environmental Solutions in a research note on Tuesday.

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Dirtt Environmental Solutions Company Profile

DIRTT Environmental Solutions Ltd. designs, manufactures, and installs customized prefabricated interiors. The company combines its proprietary 3D design, configuration, and manufacturing software with integrated in-house manufacturing of its prefabricated interior construction solutions and its distribution partner network.

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Earnings History for Dirtt Environmental Solutions (TSE:DRT)

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