Stifel Canada Cuts Earnings Estimates for Jamieson Wellness

Jamieson Wellness Inc. (TSE:JWE) – Investment analysts at Stifel Canada lowered their Q3 2024 earnings per share (EPS) estimates for shares of Jamieson Wellness in a research report issued on Wednesday, October 30th. Stifel Canada analyst J. Keywood now anticipates that the company will earn $0.45 per share for the quarter, down from their previous forecast of $0.47. Stifel Canada also issued estimates for Jamieson Wellness’ FY2024 earnings at $1.54 EPS.

Jamieson Wellness (TSE:JWE) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.35 EPS for the quarter, missing the consensus estimate of C$0.37 by C($0.02). The company had revenue of C$184.81 million for the quarter, compared to analysts’ expectations of C$182.25 million.

Jamieson Wellness Stock Performance

Jamieson Wellness Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Friday, August 30th. This is an increase from Jamieson Wellness’s previous quarterly dividend of $0.19.