TMX Group Ltd expected to post earnings of 42 cents a share - Earnings Preview

TMX

29/07/2024 22:32

* TMX Group Ltd  X.TO   is expected to show a rise in
quarterly
revenue when it reports  results on July 31 for the period
ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
17.4% increase in revenue to $359.45 million from $306.2 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for TMX Group Ltd is for
earnings
of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for TMX Group
Ltd is
C$43.00​, above​ its last closing price of C$42.00. ​​​

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  0.40        0.38       0.38      Met     -0.7
 Jan. 1 2024   0.37        0.37       0.37      Met     0.1
 Sep. 30 2023  0.35        0.35       0.35      Met     -0.9​
 Jan. 1 0001   0.37        0.37       0.38      Beat    3.9
 ​​Mar.                    0.35       0.37      Beat    4.8
 31 2023                                                
 Dec. 31 2022              0.34       0.35      Beat    1.7​
 Sep. 30 2022  0.34        0.34       0.34      Met     -2.2
 Jun. 30 2022  0.35        0.35       0.38      Beat    6.6
 This summary was machine generated July 29 at 21:31 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)