TMX Group Ltd expected to post earnings of 43 cents a share - Earnings Preview

TMX

31/01/2025 21:35

* TMX Group Ltd  X.TO   is expected to show a rise in
quarterly
revenue when it reports  results on February 3 for the period
ending December 31 2024
    * The Toronto Ontario-based  company is expected to report a
24.3% increase in revenue to C$374.78 million from C$301.5
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TMX Group Ltd is for
earnings
of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 TMX Group
Ltd is
C$47.00​, above​ its last closing price of C$45.77. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.39        0.39       0.41      Beat    5.3
 Jun. 30 2024  0.42        0.42       0.43      Beat    2.1
 Mar. 31 2024  0.40        0.38       0.38      Met     -0.7​
 Dec. 31 2023  0.37        0.37       0.37      Met     0.1
 ​​Sep.        0.35        0.35       0.35      Met     -0.9
 30 2023                                                
 Jun. 30 2023  0.37        0.37       0.38      Beat    3.9​
 Mar. 31 2023  0.35        0.35       0.37      Beat    4.8
 Dec. 31 2022  0.34        0.34       0.35      Beat    1.7
 This summary was machine generated January 31 at 21:35 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)