National Bank of Canada: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
National Bank of Canada (OTC:NTIOF) reported Q4 earnings with an EPS of $1.69, beating estimates by 1.81% and showing a revenue increase from the previous year. Despite a miss in the last quarter's EPS, the current report reflects a positive earnings surprise.
December 01, 2023 | 11:40 am
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National Bank of Canada reported a positive earnings surprise with a Q4 EPS of $1.69, beating estimates and showing year-over-year revenue growth.
The positive earnings report, with an EPS beat and increased revenue, is likely to instill investor confidence and could lead to a short-term uptick in NTIOF's stock price. Historically, earnings beats have been correlated with positive stock performance, although past performance does not guarantee future results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100