CVE:DWS FY2027 EPS Estimate Reduced by Atrium Research

Diamond Estates Wines & Spirits Inc. (CVE:DWS) – Stock analysts at Atrium Research decreased their FY2027 earnings per share (EPS) estimates for shares of Diamond Estates Wines & Spirits in a note issued to investors on Wednesday, May 6th. Atrium Research analyst N. Cortellucci now forecasts that the company will post earnings per share of $0.01 for the year, down from their prior forecast of $0.02. The consensus estimate for Diamond Estates Wines & Spirits’ current full-year earnings is $0.01 per share.

Diamond Estates Wines & Spirits Price Performance

Shares of CVE DWS opened at C$0.14 on Friday. Diamond Estates Wines & Spirits has a twelve month low of C$0.14 and a twelve month high of C$0.23. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17. The company has a market capitalization of C$9.49 million, a price-to-earnings ratio of -7.00 and a beta of 1.49. The business has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.17.

Diamond Estates Wines & Spirits Company Profile

Diamond Estates Wines & Spirits Inc produces, markets, distributes, and sells wines in Canada, China, and internationally. The company operates in two segments, Manufactured Wines and Agency. It produces VQA wines under the 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Shiny Apple Cider, Fresh, Red Tractor, Seasons, Serenity, D’Ont Poke the Bear, and Backyard Vineyards brand names. The company also sells its products through liquor boards, licensed restaurants and bars, grocery chains, direct-to-consumer, and retail stores, as well as acts as a sales agent for beverage alcohol brands.