Definity Financial Corp expected to post earnings of 72 cents a share - Earnings Preview

Definity Financial

08/05/2024 01:11

* Definity Financial Corp  DFY.TO   is expected to show a
rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Waterloo Ontario-based  company is expected to report
a
6.4% increase in revenue to C$965.46 million from C$907.5
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Definity Financial Corp
is for
earnings of 72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"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$47.00​, above​ its last closing price
of C$46.07. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.71        0.72       0.86      Beat    20.1
 Sep. 30 2023  0.04        0.02       0.15      Beat    534.5
 Jun. 30 2023  0.44        0.45       0.56      Beat    23.3​
 Mar. 31 2023  0.57        0.57       0.54      Missed  -5
 ​​Dec.        0.56        0.58       0.67      Beat    16.5
 31 2022                                                
 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
 This summary was machine generated May 8 at 00:11 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)