Echelon Wealth Partners Weighs in on Atlas Engineered Products Ltd.’s Q3 2024 Earnings (CVE:AEP)

Atlas Engineered Products Ltd. (CVE:AEPFree Report) – Echelon Wealth Partners cut their Q3 2024 earnings per share estimates for shares of Atlas Engineered Products in a report issued on Thursday, May 30th. Echelon Wealth Partners analyst A. Semple now forecasts that the company will post earnings of $0.02 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.15 per share. Echelon Wealth Partners also issued estimates for Atlas Engineered Products’ FY2024 earnings at $0.02 EPS.

Atlas Engineered Products Price Performance

Shares of CVE:AEP opened at C$1.37 on Monday. The company has a quick ratio of 2.31, a current ratio of 3.89 and a debt-to-equity ratio of 111.14. The company has a 50-day moving average price of C$1.50 and a 200 day moving average price of C$1.33. Atlas Engineered Products has a 52 week low of C$0.93 and a 52 week high of C$1.70. The company has a market cap of C$80.99 million, a P/E ratio of 19.57 and a beta of 1.15.

Atlas Engineered Products (CVE:AEPGet Free Report) last issued its quarterly earnings results on Friday, April 26th. The company reported C$0.05 earnings per share for the quarter. The firm had revenue of C$14.20 million during the quarter. Atlas Engineered Products had a return on equity of 9.95% and a net margin of 6.37%.

Atlas Engineered Products Company Profile

(Get Free Report)

Atlas Engineered Products Ltd. designs, manufactures, and sells engineered roof trusses, floor trusses, wall panels, and windows in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.

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Earnings History and Estimates for Atlas Engineered Products (CVE:AEP)

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