TMX Group Ltd reports results for the quarter ended December 31 - Earnings Summary

TMX

03/02/2025 23:22

* TMX Group Ltd  X.TO  reported quarterly adjusted earnings
of 48
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 37
cents.  The mean expectation of eight analysts for the quarter
was for earnings of 43 cents per share. Wall Street expected
results to range from 41 cents to 46 cents per share.
    * Revenue rose 30.4% to C$393.30 million from a year ago;
analysts
expected C$376.36 million. 
    * TMX Group Ltd's reported EPS for the quarter was 58
cents​.
    * The company reported quarterly net income of C$159.3
million.
    * TMX Group Ltd shares had risen by 1.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the financial &
commodity market operators & service providers peer group is
also "hold"

Wall Street's median 12-month price target for TMX Group Ltd is
C$47.00 
This summary was machine generated from LSEG data February 3 at
11:21 p.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
 Dec. 31 2024      0.43           0.48           Beat
 Sep. 30 2024      0.39           0.41           Beat
 Jun. 30 2024      0.42           0.43           Beat
 Mar. 31 2024      0.38           0.38           Met