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

EQB

08/12/2023 16:51

* EQB Inc  EQB.TO  reported quarterly adjusted earnings of
C$3.80​​ per share for the quarter ended in October.  The mean
expectation of eight analysts for the quarter was for earnings
of C$3.65 per share. Wall Street expected results to range from
C$3.52  to C$3.74 per share.
    * Revenue was C$345.78 million​; analysts expected C$351.45
million. 
    * EQB Inc's reported EPS for the quarter was C$3.64​.
    * The company reported quarterly net income of C$138.8
million.
    * EQB Inc shares had risen by 5.6% this quarter and
gained 40.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, two 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," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for EQB Inc is
C$97.00 

This summary was machine generated from LSEG data December 8 at
04:50 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
 Oct. 31 2023      3.65           3.80           Beat