iA Financial Corporation Inc reports results for the quarter ended in December - Earnings Summary

iA Financial

15/02/2023 01:56

* iA Financial Corporation Inc  IAG.TO  reported quarterly
adjusted earnings of C$2.40​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of C$2.25 per share.
    * Revenue fell 5.4% to C$4.17 billion from a year ago. 
    * iA Financial Corporation Inc's reported EPS for the
quarter was
C$2.17​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * iA Financial Corporation Inc shares had risen by 5.4% this
quarter.
    * The company reported quarterly net income of C$229
million.
    * Wall Street's median 12-month price target for iA
Financial
Corporation Inc is C$89.00 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 01:55 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.25           2.40           Beat
 Sep. 30 2022      2.27           2.29           Beat
 Jun. 30 2022      2.11           2.37           Beat
 Mar. 31 2022      1.97           1.79           Missed