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

ECN Capital

13/05/2022 15:51

* ECN Capital Corp  ECN.TO  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue fell 19.1% to $59.86 million from a year ago; 
analysts
expected $62.42 million. 
    * ECN Capital Corp's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ECN Capital Corp shares had fallen by 17.1% this
quarter and
gained 3.6% so far this year.
    * The company reported quarterly net income of $5.47
million.
    * Wall Street's median 12-month price target for ECN Capital
Corp
is C$7.50 
    * 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." 

This summary was machine generated May 13 at 02:51 p.m.  ​All
figures in US dollars unless otherwise stated