Shaw Communications Inc. (NYSE:SJR) is reporting fourth quarter financial results on Friday 30th October 2020, before market open.
Previous Quarter Performance
Shaw Communications Inc. disclosed income for the third quarter of $ 0.27 per share, from the revenue of $ 970.88 million. Wall street analysts are predicting, SJR to report 3Q20 income of $ 0.22 per share from revenue of $ 1010.00 million. The bottom line results beat street analysts by $ 0.05 or 22.73 percent, at the same time, top line results fell short of analysts by $ 39.12 million or 3.87 percent.
Stock Performance
Shares of Shaw Communications Inc. traded up $ 0.19 or 1.15 percent on Thursday, reaching $ 16.73 with volume of 589.10 thousand shares. Shaw Communications Inc. has traded high as $ 16.81 and has cracked $ 16.38 on the downward trend
According to the previous trading day, closing price of $ 16.73, representing a 35.57 % increase from the 52 week low of $ 12.20 and a 20.86 % decrease over the 52 week high of $ 20.90.
The company has a market capital of $ 8.68 billion and is part of the Communication Services sector and Telecom Services industry.
Recent Analyst recommendations
- On 2nd October 2020, initiated by Barclays at Equal-Weight rating, with $ 21.00 target price.
Conference Call
Shaw Communications Inc. will be hosting a conference call at 8:00 AM eastern time on 30th October 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.shaw.ca
Shaw Communications Inc. operates as a connectivity company in North America. The company operates through Wireline and Wireless segments.
