CVE:DWS FY2028 EPS Estimate Lowered by Atrium Research

Diamond Estates Wines & Spirits Inc. (CVE:DWS) – Analysts at Atrium Research lowered their FY2028 earnings per share estimates for Diamond Estates Wines & Spirits in a research report issued to clients and investors on Friday, August 21st. Atrium Research analyst N. Cortellucci now expects that the company will post earnings per share of $0.04 for the year, down from their previous estimate of $0.05. The consensus estimate for Diamond Estates Wines & Spirits’ current full-year earnings is $0.01 per share.

Diamond Estates Wines & Spirits Stock Down 6.5%

Diamond Estates Wines & Spirits stock opened at C$0.14 on Monday. Diamond Estates Wines & Spirits has a fifty-two week low of C$0.13 and a fifty-two week high of C$0.23. The company has a debt-to-equity ratio of 122.17, a quick ratio of 0.11 and a current ratio of 0.90. The company has a market capitalization of C$9.83 million, a P/E ratio of -7.25 and a beta of 1.09. The stock has a 50-day simple moving average of C$0.15 and a 200-day simple moving average of C$0.16.

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.