Toronto-Dominion Bank Q4 EPS $1.36 Down From $1.64 YoY, Sales $9.78B Down From $11.69B YoY
Portfolio Pulse from Benzinga Newsdesk
Toronto-Dominion Bank (TD) reported a decrease in Q4 earnings per share to $1.36 from $1.64 YoY and a decline in sales to $9.78B from $11.69B YoY, indicating a 17.07% and 16.32% decrease respectively.
November 30, 2023 | 11:35 am
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Toronto-Dominion Bank reported lower Q4 earnings and sales compared to last year, with a significant decrease in both metrics.
The reported decrease in both earnings per share and sales is a negative indicator for the bank's financial performance and could lead to a short-term negative impact on the stock price. Investors typically react unfavorably to earnings declines, which can result in a decrease in stock value.
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