Definity Financial Corp expected to post earnings of 45  cents a share - Earnings Preview

Definity Financial

02/08/2023 03:07

* Definity Financial Corp  DFY.TO   is expected to show a
rise in
quarterly revenue when it reports  results on August 3. 
    * The Waterloo Ontario-based  company is expected to report 
a
12.2% increase in revenue to C$897.997 million from C$800.1
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Definity Financial
Corp
is for earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Definity
Financial Corp is C$40​, above​ its last closing price
of C$33.19. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.57        0.57       0.54      Missed  -5
 Dec. 31 2023  0.56        0.58       0.67      Beat    16.5
 Sep. 30 2022  0.36        0.34       0.40      Beat    18.5​
 Jun. 30 2022  0.29        0.30       0.42      Beat    39.4
 ​​Mar.        0.41        0.41       0.55      Beat    35.5
 31 2022                                                
 Dec. 31 2021  0.39        0.39       0.42      Beat    7.7​
 This summary was machine generated August 2 at 02:07 GMT.  All
figures in Canadian dollars  unless otherwise stated