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

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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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