goeasy Ltd reports results for the quarter ended in March - Earnings Summary

goeasy

07/05/2024 22:01

* goeasy Ltd  GSY.TO  reported quarterly adjusted earnings
of
C$3.40​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$3.10.  The mean expectation of eight analysts for the quarter
was for earnings of C$3.80 per share. Wall Street expected
results to range from $3.66  to $4.03 per share.
    * Revenue rose 24.3% to C$357.11 million from a year ago;
analysts
expected C$348.07 million. 
    * goeasy Ltd's reported EPS for the quarter was $3.40​.
    * goeasy Ltd shares had risen by 15.8% this quarter and
gained 16.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 no "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 goeasy Ltd is
C$200.00 
This summary was machine generated from LSEG data May 7 at 09:01
p.m. UTC. ​All figures in US 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
 Mar. 31 2024      3.80           3.40           Missed
 Dec. 31 2023      3.92           4.01           Beat
 Sep. 30 2023      3.48           3.81           Beat
 Jun. 30 2023      3.20           3.28           Beat