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

ECN Capital

10/11/2022 17:40

* ECN Capital Corp  ECN.TO  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue rose 4.4% to $58.01 million from a year ago;
analysts
expected $65.84 million. 
    * ECN Capital Corp's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 28.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * ECN Capital Corp shares had fallen by 24.5% this
quarter and
lost 35.4% so far this year.
    * The company reported quarterly net income of $7.72
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 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 05:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.05           0.06           Beat