IGM Financial Inc reports results for the quarter ended September 30 - Earnings Summary

Igm Financial

Yesterday 05:58

IGM Financial Inc IGM.TO reported quarterly adjusted earnings of C$1.51​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of C$1.27.  The mean expectation of seven analysts for the quarter was for earnings of C$1.46 per share. Wall Street expected results to range from C$1.42  to C$1.50 per share.
Revenue rose 35.5% to C$1.32 billion from a year ago; analysts expected C$1.19 billion. 
IGM Financial Inc's reported EPS for the quarter was C$2.10​.
The company reported quarterly net income of C$487.54 million.
IGM Financial Inc shares had fallen by 4.4% this quarter and gained 28.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​ 
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and 1 "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 IGM Financial Inc is C$91.50, about 13.1% above its last closing price of C$79.51
This summary was machine generated from LSEG data November 6 at 05:58 a.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
Sep. 30 2026 
1.46
1.51
Beat
Jun. 30 2026 
1.27
1.41
Beat
Mar. 31 2026 
1.18
1.20
Beat
Dec. 31 2025 
1.20
1.27
Beat