Q2 2018 EPS Estimates for Fairfax India Holdings Corp (FIH) Lowered by Cormark
Fairfax India Holdings Corp (TSE:FIH) – Cormark decreased their Q2 2018 earnings per share (EPS) estimates for shares of Fairfax India in a research report issued to clients and investors on Monday. Cormark analyst J. Fenwick now anticipates that the company will earn $0.52 per share for the quarter, down from their prior forecast of $0.54. Cormark also issued estimates for Fairfax India’s Q3 2018 earnings at $0.53 EPS, Q4 2018 earnings at $0.52 EPS, Q2 2019 earnings at $0.54 EPS, Q3 2019 earnings at $0.52 EPS, Q4 2019 earnings at $0.55 EPS and FY2019 earnings at $2.04 EPS.
Fairfax India (FIH) opened at C$15.95 on Tuesday. The stock has a market capitalization of $1,870.00 and a price-to-earnings ratio of 6.28.
Fairfax India Holdings Corp is a Canada-based investment holding company. The Company’s investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business conducted in or dependent on India.
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