TD Bank Group Said For Fiscal 2024, It Will Be Challenging For Bank To Meet Its Medium-term Adjusted Eps Growth Target Range Of 7-10%
Portfolio Pulse from Charles Gross
TD Bank Group has indicated that meeting its medium-term adjusted EPS growth target of 7-10% for fiscal 2024 will be challenging.
November 30, 2023 | 11:36 am
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NEGATIVE IMPACT
TD Bank Group's announcement suggests potential difficulty in achieving its medium-term adjusted EPS growth target for fiscal 2024, which may impact investor sentiment.
The bank's indication of challenges in meeting its EPS growth target is a negative signal to investors, potentially leading to a decrease in investor confidence and a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100