Shawcor (SCL) Set to Announce Quarterly Earnings on Tuesday

Shawcor (TSE:SCL) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of C$0.09 per share for the quarter.

Shawcor (TSE:SCL) last posted its quarterly earnings data on Thursday, August 9th. The company reported C$0.14 EPS for the quarter, topping the consensus estimate of C$0.06 by C$0.08. The firm had revenue of C$357.89 million for the quarter, compared to the consensus estimate of C$336.20 million.

TSE SCL opened at C$24.15 on Friday. Shawcor has a 52 week low of C$23.04 and a 52 week high of C$29.50.

SCL has been the subject of several recent analyst reports. Industrial Alliance Securities reduced their price objective on shares of Shawcor from C$34.00 to C$33.00 in a research note on Thursday, September 27th. TD Securities lowered shares of Shawcor from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$33.00 to C$31.00 in a research note on Wednesday, September 5th.

About Shawcor

Shawcor Ltd., an energy services company, provides products and services for the pipeline, pipe services, petrochemical, and industrial segments of the energy industry worldwide. It operates in two segments, Pipeline and Pipe Services, and Petrochemical and Industrial. The company offers pipe coating, insulation coating, and weight coating systems, as well as custom coating and field joint application services for onshore and offshore pipelines; ultrasonic and radiographic pipeline girth weld inspection services for pipeline operators and construction contractors; manufactures and sells heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications; and designs and assembles engineered pipe logistics products and services.

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Earnings History for Shawcor (TSE:SCL)

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