Atrium Research Has Negative View of CVE:DWS FY2028 Earnings

Diamond Estates Wines & Spirits Inc. (CVE:DWS) – Atrium Research reduced their FY2028 EPS estimates for Diamond Estates Wines & Spirits in a note issued to investors on Friday, August 21st. Atrium Research analyst N. Cortellucci now anticipates that the company will post earnings of $0.04 per share 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 Performance

Shares of DWS stock opened at C$0.14 on Monday. Diamond Estates Wines & Spirits has a 12-month low of C$0.13 and a 12-month high of C$0.23. The business’s fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.16. The company has a current ratio of 0.90, a quick ratio of 0.11 and a debt-to-equity ratio of 122.17. The company has a market cap of C$9.83 million, a PE ratio of -7.25 and a beta of 1.09.

About Diamond Estates Wines & Spirits

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.