ECN Capital Corp reports results for the quarter ended in December - Earnings Summary

ECN Capital

22/03/2023 22:33

* ECN Capital Corp  ECN.TO  reported quarterly adjusted
earnings
of 2 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue fell 24.5% to $52.46 million from a year ago;
analysts
expected $57.20 million. 
    * ECN Capital Corp's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * ECN Capital Corp shares had risen by 19.4% this quarter.
    * The company reported a quarterly loss of $5.6 million.
    * Wall Street's median 12-month price target for ECN Capital
Corp
is C$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 22 at 10:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.04           0.02           Missed
 Sep. 30 2022      0.07           0.05           Missed
 Jun. 30 2022      0.09           0.09           Met
 Mar. 31 2022      0.05           0.06           Beat