Definity Financial Corp expected to post earnings of 57  cents a share - Earnings Preview

Definity Financial

10/05/2023 03:02

* Definity Financial Corp  DFY.TO   is expected to show a
rise in
quarterly revenue when it reports  results on May 11. 
    * The Waterloo Ontario-based  company is expected to report 
a
27.2% increase in revenue to C$882.627 million from C$694.1
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 57 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Definity
Financial Corp is C$43​, above​ its last closing price
of C$35.46. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.41        0.41       0.55      Beat    35.5
 ​​Dec.        0.39        0.39       0.42      Beat    7.7
 31 2021                                                
                                                        ​
 This summary was machine generated May 10 at 02:01 GMT.  All
figures in Canadian dollars  unless otherwise stated