Tue Sep 17 06:14:59 UTC 2024: ## Evertz Technologies Earnings Estimates Lowered by Raymond James

**Toronto, Canada (September 17, 2024)** – Raymond James analysts have lowered their earnings estimates for Evertz Technologies Limited (TSE:ET) for the fiscal year 2026. The firm now expects the company to earn $1.06 per share, down from their previous estimate of $1.18.

This revised forecast comes after Evertz Technologies reported weaker than expected quarterly earnings in June. The company missed the consensus estimate for the quarter, posting C$0.18 earnings per share compared to the expected C$0.22.

Despite the revised estimates, Raymond James remains optimistic about Evertz Technologies’ long-term prospects. The firm’s current consensus estimate for the full year remains at $0.96 per share.

**Evertz Technologies recently announced a quarterly dividend of $0.195 per share, payable on September 25th to shareholders of record on September 17th. This represents an annualized dividend of $0.78 and a yield of 6.58%.**

The company’s stock opened at C$11.85 on Monday, with a 12-month low of C$11.39 and a 12-month high of C$15.45. Evertz Technologies is a leading provider of video and audio infrastructure solutions for the broadcast and telecommunications markets.

**Analysts and investors will be closely watching Evertz Technologies’ performance in the coming months to see how the company navigates the current economic environment.**

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