IGM Financial Inc expected to post earnings of 94 cents a share - Earnings Preview

Igm Financial

06/08/2024 03:23

* IGM Financial Inc  IGM.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending January 1 0001
    * The Winnipeg Manitoba-based  company is expected to report
a
0.8% increase in revenue to $778 million from $771.65 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Revenues)
    * ​LSEG's mean analyst estimate for IGM Financial Inc is for
earnings of 94 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for IGM
Financial Inc
is C$45.00​, above​ its last closing price of C$37.89. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.89        0.88       0.94      Beat    6.5
 Jan. 1 2024   0.87        0.87       0.84      Missed  -3.6
 Sep. 30 2023  0.89        0.90       0.88      Missed  -1.7​
 Jan. 1 0001   0.85        0.85       0.86      Beat    1
 ​​Mar.        0.88        0.87       0.85      Missed  -2.6
 31 2023                                                
 Jan. 1 0001   0.87        0.86       0.94      Beat    9.5​
 Jan. 1 0001   0.86        0.86       0.91      Beat    5.4
 Jun. 30 2022  0.90        0.92       0.87      Missed  -5.4
 This summary was machine generated August 6 at 02:22 GMT.  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)