ECN Capital Corp expected to post earnings of 5  cents a share - Earnings Preview

ECN Capital

07/05/2022 03:09

* ECN Capital Corp  ECN.TO   is expected to show a fall in
quarterly revenue when it reports  results on May 10
(estimated). 
    * The Toronto Ontario-based  company is expected to report 
a
15.7% decrease in revenue to $62.422 million from $74.02 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ECN Capital Corp is
for
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 8 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months. ​
    * Wall Street's median 12-month price target for ECN Capital
Corp
is C$7.5​, above​ its last closing price of C$6.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.05        0.05       0.06      Beat    29.7
 Sep. 30 2021  0.09        0.10       0.06      Missed  -41.6
 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.        0.09        0.09       0.08      Missed  -7.7
 31 2020                                                
 Sep. 30 2020  0.09        0.09       0.10      Beat    9.8​
 Jun. 30 2020  0.07        0.07       0.07      Met     -2
 Mar. 31 2020  0.06        0.06       0.06      Met     -4.5
 This summary was machine generated May 7 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated