National Bank Financial Weighs in on 5N Plus Inc’s FY2019 Earnings (VNP)

5N Plus Inc (TSE:VNP) – Stock analysts at National Bank Financial dropped their FY2019 earnings estimates for 5N Plus in a note issued to investors on Wednesday, October 3rd. National Bank Financial analyst R. Merer now expects that the company will post earnings of $0.32 per share for the year, down from their prior forecast of $0.34. National Bank Financial has a “Outperform Spec Under Weight” rating on the stock.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Tuesday, August 7th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The firm had revenue of C$75.32 million during the quarter, compared to the consensus estimate of C$75.09 million. 5N Plus had a return on equity of 8.71% and a net margin of 4.23%.

Shares of 5N Plus stock opened at C$3.29 on Monday. 5N Plus has a 12-month low of C$2.22 and a 12-month high of C$3.73.

In other news, insider Nicholas Audet sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, August 29th. The shares were sold at an average price of C$3.55, for a total value of C$266,250.00.

About 5N Plus

5N Plus Inc produces and sells specialty chemicals and engineered materials in Europe, Asia, and the Americas. It operates in two segments, Electronic Materials and Eco-Friendly Materials. The Electronic Materials segment manufactures and sells refined metals, compounds, and alloys, which are primarily used in a range of electronic applications covering various end-markets consisting of security, aerospace, sensing and imaging, renewable energy, and technical materials; and provides recycling services.

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Earnings History and Estimates for 5N Plus (TSE:VNP)

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