EQB Inc. reports results for the quarter ended July 31 - Earnings Summary
EQB Inc. reports results for the quarter ended July 31 - Earnings Summary
EQB Inc. EQB.TO reported quarterly adjusted earnings of C$2.12 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of C$2.07. The mean expectation of ten analysts for the quarter was for earnings of C$2.25 per share. Wall Street expected results to range from C$1.84 to C$2.51 per share.
Revenue rose 27.6% to C$319.17 million from a year ago; analysts expected C$358.07 million.
EQB Inc.'s reported EPS for the quarter was a loss of C$3.39.
The company reported a quarterly loss of C$127.58 million.
EQB Inc. shares had risen by 1.2% this quarter and gained 29.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 13% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is "buy."
Wall Street's median 12-month price target for EQB Inc. is C$142.00, about 2.9% above its last closing price of C$137.87
This summary was machine generated from LSEG data August 26 at 10:31 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 |
Jul. 31 2026 | 2.25 | 2.12 | Missed |
Apr. 30 2026 | 1.98 | 2.03 | Beat |
Jan. 31 2026 | 2.17 | 2.26 | Beat |
Oct. 31 2025 | 2.14 | 1.53 | Missed |
Recent news on EQB
See all newsBrief: EQB Inc. Appoints Vivian Abdelmessih To The Board Of Directors
Brief: EQB Appoints Vivian Abdelmessih to the Board of Directors
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