Earnings Outlook For National Bank of Canada
Portfolio Pulse from Benzinga Insights
National Bank of Canada (OTC:NTIOF) is set to release its latest quarterly earnings report on August 30, 2023. Analysts estimate an earnings per share (EPS) of $1.75. The bank's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company missed EPS by $0.02, resulting in a 1.78% drop in the share price. Over the last 52-week period, shares are up 9.64%.
August 29, 2023 | 2:01 pm
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NEUTRAL IMPACT
National Bank of Canada's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 1.78% drop in share price. Over the past year, shares have risen by 9.64%.
The upcoming earnings report is a significant event for National Bank of Canada. Given the historical impact of earnings performance on the bank's stock price, this report could potentially influence the stock's short-term performance. However, the overall trend for the past year has been positive, which may offset any negative impact from a potential earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100