EQB Inc reports results for the quarter ended in January - Earnings Summary

EQB

29/05/2024 23:15

* EQB Inc  EQB.TO  reported quarterly adjusted earnings of
C$2.81​​ per share for the quarter ended in January.  The mean
expectation of ten analysts for the quarter was for earnings of
$2.68 per share. Wall Street expected results to range from
$2.51  to C$2.90 per share.
    * Revenue was C$267.34 million​; analysts expected $272.94
million. 
    * EQB Inc's reported EPS for the quarter was $2.67​.
    * The company reported quarterly net income of C$103.04
million.
    * EQB Inc shares had fallen by 5.1% this quarter and
lost 7.5% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "buy"

Wall Street's median 12-month price target for EQB Inc is
C$104.50 
This summary was machine generated from LSEG data May 29 at
10:15 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. (For questions concerning the data in this
report, contact Estimates.Support@lseg.com. For any other
questions or feedback, contact
RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      2.68           2.81           Beat
 Jan. 31 2024      2.84           2.76           Missed
 Oct. 31 2023      3.65           3.80           Beat