ECN Capital Corp expected to post earnings of 9  cents a share - Earnings Preview

ECN Capital

10/08/2022 03:02

* ECN Capital Corp  ECN.TO   is expected to show a fall in
quarterly revenue when it reports  results on August 11. 
    * The Toronto Ontario-based  company is expected to report 
a
20.3% decrease in revenue to $73.474 million from $92.14 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 9 cents per share. For the same quarter last year,
the company reported earnings of 12 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 was unchanged 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$6.69. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.05        0.05       0.06      Beat    17.1
 Dec. 31 2022  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.        0.08        0.08       0.08      Met     -0.5
 31 2021                                                
 Dec. 31 2020  0.09        0.09       0.08      Missed  -7.7​
 Sep. 30 2020  0.09        0.09       0.10      Beat    9.8
 Jun. 30 2020  0.07        0.07       0.07      Met     -2
 This summary was machine generated August 10 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated