Definity Financial Corp reports results for the quarter ended in December - Earnings Summary

Definity Financial

10/02/2023 24:47

* Definity Financial Corp  DFY.TO  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 58 cents per share.
    * Revenue rose 11.5% to C$850.60 million from a year ago;
analysts
expected C$900.37 million. 
    * Definity Financial Corp's reported EPS for the quarter was
C$1.21​.
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Definity Financial Corp shares had fallen by 6.4% this
quarter.
    * The company reported quarterly net income of C$141.6
million.
    * Wall Street's median 12-month price target for Definity
Financial Corp is C$43.00 
    * 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." 

This summary was machine generated from Refinitiv data February
10 at 12:47 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.58           0.67           Beat
 Sep. 30 2022      0.34           0.40           Beat
 Jun. 30 2022      0.30           0.42           Beat
 Mar. 31 2022      0.41           0.55           Beat