CI Financial Corp expected to post earnings of 97 cents a share - Earnings Preview

CI Financial

28/02/2025 13:53

CI Financial Corp CIX.TO  is expected to show a rise in quarterly revenue when it reports  results on March 3 (estimated) for the period ending March 31 2025

The Toronto Ontario-based  company is expected to report a 20.2% increase in revenue to C$775.8 million from C$645.68 million a year ago, according to the estimate from one analyst, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for CI Financial Corp is for earnings of 97 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for CI Financial Corp is C$32.00‚Äč, above‚Äč its last closing price of C$31.38. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.96
0.96
1.06
Beat
10.4
Sep. 30 2024
0.88
0.89
0.97
Beat
9.2
Jun. 30 2024
0.85
0.86
0.90
Beat
5‚Äč
Mar. 31 2024
0.85
0.86
0.86
Met
0.4
‚Äč‚ÄčDec. 31 2023
0.80
0.80
0.81
Beat
1.3
Sep. 30 2023
0.80
0.80
0.81
Beat
1‚Äč
Jun. 30 2023
0.78
0.78
0.76
Missed
-3
Mar. 31 2023
0.78
0.78
0.74
Missed
-4.5

This summary was machine generated February 28 at 13:53 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)