ECN Capital Corp expected to post earnings of 4  cents a share - Earnings Preview

ECN Capital

25/02/2023 03:05

* ECN Capital Corp  ECN.TO   is expected to show a fall in
quarterly revenue when it reports  results on February 27
(estimated). 
    * The Toronto Ontario-based  company is expected to report 
a
17.7% decrease in revenue to $57.2 million from $69.47 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ECN Capital Corp is
for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 ECN Capital
Corp
is C$5​, above​ its last closing price of C$2.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.05        0.07       0.05      Missed  -23.1
 Jun. 30 2022  0.08        0.09       0.09      Met     5.9
 Mar. 31 2022  0.05        0.05       0.06      Beat    17.1​
 Dec. 31 2021  0.05        0.05       0.06      Beat    29.7
 ​​Sep.        0.09        0.10       0.06      Missed  -41.6
 30 2021                                                
 Jun. 30 2021  0.12        0.12       0.12      Met     0.1​
 Mar. 31 2021  0.08        0.08       0.08      Met     -0.5
 Dec. 31 2020  0.09        0.09       0.08      Missed  -7.7
 This summary was machine generated February 25 at 03:04 GMT. 
All figures in US dollars  unless otherwise stated