$0.31 EPS Expected for Shaw Communications Inc (USA) (SJR)

July 14, 2017 - By Stephen Andrade

 $0.31 EPS Expected for Shaw Communications Inc (USA) (SJR)

Wall Street await Shaw Communications Inc (USA) (NYSE:SJR) to release earnings on July, 21. Analysts forecast EPS of $0.31, down exactly $0.17 or 35.42 % from 2014’s $0.48 EPS. The expected T_SJR’s profit could reach $153.87M giving the stock 17.68 P/E in the case that $0.31 earnings per share is reported. After posting $0.30 EPS for the previous quarter, Shaw Communications Inc (USA)’s analysts now forecast 3.33 % EPS growth. About 259,392 shares traded. Shaw Communications Inc (USA) (NYSE:SJR) has risen 13.56% since July 14, 2016 and is uptrending. It has underperformed by 3.14% the S&P500.

Shaw Communications Inc (USA) (NYSE:SJR) Ratings Coverage

Among 4 analysts covering Shaw Comms (NYSE:SJR), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Shaw Comms had 7 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, December 17. The stock has “Outperform” rating by RBC Capital Markets on Monday, January 9. The company was initiated on Thursday, April 6 by Citigroup. The firm earned “Sector Perform” rating on Friday, October 23 by RBC Capital Markets. The firm has “Equal Weight” rating given on Friday, October 23 by Barclays Capital. The stock of Shaw Communications Inc (USA) (NYSE:SJR) earned “Outperform” rating by Macquarie Research on Tuesday, October 20. Barclays Capital initiated Shaw Communications Inc (USA) (NYSE:SJR) rating on Tuesday, April 5. Barclays Capital has “Equal-Weight” rating and $20 target.

Shaw Communications Inc. is a diversified connectivity provider. The company has market cap of $10.88 billion. The Firm operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. It has a 25.48 P/E ratio. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.

More notable recent Shaw Communications Inc (USA) (NYSE:SJR) news were published by: Nasdaq.com which released: “Shaw Communications Inc. Q3 Earnings Decline 81%” on June 28, 2017, also Theglobeandmail.com with their article: “Shaw’s cable business grows for first time since 2010” published on June 28, 2017, Business.Financialpost.com published: “Shaw Communications Inc sells ViaWest for $2.3 billion to invest in wireless …” on June 13, 2017. More interesting news about Shaw Communications Inc (USA) (NYSE:SJR) were released by: Fool.ca and their article: “Shaw Communications Inc. Is Serious About Wireless” published on June 23, 2017 as well as Nasdaq.com‘s news article titled: “Shaw Communications’ Outlook Rating Upgraded by Moody’s” with publication date: June 14, 2017.

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