Brief: ECN Capital Q2 Adjusted EPS USD 0.04

ECN Capital

07/08/2025 22:01

Overview

ECN Capital Q2 adjusted EPS misses analyst expectations, per LSEG data

Adjusted net income and EBITDA for Q2 miss estimates, per LSEG data

Co revises RV and Marine guidance downward due to industry headwinds

Outlook

ECN Capital tightens 2025 EPS guidance to $0.18-$0.23 from $0.19-$0.25

Company narrows RV and Marine guidance to $14-$18 mln from $16-$26 mln

ECN Capital aims for growth in 2H 2025 and 2026 amid industry headwinds

Result Drivers

ORIGINATIONS INCREASE - Total originations rose to $804.1 mln from $538.2 mln in previous qtr

MANUFACTURED HOUSING - Growth driven by increased chattel originations, per CEO Steven Hudson

RV AND MARINE CHALLENGES - Segment impacted by industry headwinds and delayed asset sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Miss
$0.04
$0.05 (3 Analysts)
Q2 Adjusted Net Income
Miss
$10 mln
$18 mln (1 Analyst)
Q2 Net Income
-$300,000
Q2 Adjusted EBITDA
Miss
$31.50 mln
$35.70 mln (2 Analysts)
Q2 Operating Expenses
$30.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the corporate financial services peer group is "buy"

Wall Street's median 12-month price target for ECN Capital Corp is C$3.50, about 11.1% above its August 6 closing price of C$3.11

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX11G5Pl

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)