Desjardins Weighs in on Titanium Transportation Group Inc’s Q2 2016 Earnings (TTR)

  • Monday, May 23, 2016
  • Source:ferro-alloys.com

  • Keywords:Titanium
[Fellow][Ferro-Alloys.com]Titanium Transportation Group Inc (CVE:TTR) – Analysts at Desjardins lowered their Q2 2016 earnings per share estimates for Titanium Transportation Group in a research report issued to clients and investors on Wednesday, Zacks Investment Res...

[Ferro-Alloys.com]Titanium Transportation Group Inc (CVE:TTR) – Analysts at Desjardins lowered their Q2 2016 earnings per share estimates for Titanium Transportation Group in a research report issued to clients and investors on Wednesday, Zacks Investment Research reports. Desjardins analyst B. Poirier now expects that the firm will post earnings per share of $0.02 for the quarter, down from their previous estimate of $0.03. Desjardins currently has a “Buy” rating and a $3.50 price objective on the stock. Desjardins also issued estimates for Titanium Transportation Group’s FY2016 earnings at $0.05 EPS, FY2017 earnings at $0.08 EPS, FY2018 earnings at $0.09 EPS, FY2019 earnings at $0.11 EPS and FY2020 earnings at $0.12 EPS.

Titanium Transportation Group Inc is an asset-based transportation and logistics company. The Company provides truckload and cross-border trucking services, freight logistics services, and warehousing and distribution services. Its segments include Truck Transportation, Logistics and Corporate. The Company offers its services across Canada and the United States with operations based in Woodbridge, Ontario; terminals in Bracebridge, Orillia and Napanee, Ontario, and additional parking or switch yards in Barrie, Bolton, Brantford, Brockville, Burlington, Penetanguishene and Trenton, Ontario.

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