Brief: Guardian Capital Q2 Revenue CAD 90 Million

Guardian Capital

07/08/2025 22:05

Overview

Guardian Capital fiscal Q2 revenue misses analyst expectations

Net earnings attributable to shareholders swing to CAD 55.2 mln profit

Total client assets decrease mainly due to currency fluctuations

Result Drivers

REVENUE MISS - Revenue of CAD 90 mln missed analyst expectations of CAD 98 mln, impacted by lower management fee revenue and interest income

CURRENCY IMPACT - Decrease in total client assets attributed to CAD 6.5 bln reduction in US segment due to weaker US dollar

SECURITIES GAINS - Net gains of CAD 55 mln from securities portfolio drove net earnings improvement

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
C$90 mln
C$98 mln (1 Analyst)
Q2 Net Income
C$55.20 mln
Q2 Dividend
C$0.39


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Guardian Capital Group Ltd is C$53.00, about 24.1% above its August 6 closing price of C$40.25

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nGNX5VyLjg

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)