Investing.com - Laurentian Bank reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Laurentian Bank announced earnings per share of C$1.24 on revenue of C$260M. Analysts polled by Investing.com anticipated EPS of C$1.24 on revenue of C$263.44M.
Laurentian Bank shares are up 101.67% from the beginning of the year , still down 20.49% from its 52 week high of C$45.28 set on Tuesday, February 8, 2022. They are outperforming the EUR/USD which is down 0% year to date.
Laurentian Bank follows other major Financial sector earnings this month
Laurentian Bank's report follows an earnings beat by Toronto Dominion Bank on Thursday, August 25, 2022, who reported EPS of C$2.09 on revenue of C$11.6B, compared to forecasts EPS of C$2.04 on revenue of C$10.88B.
Brookfield Asset Management had beat expectations on Thursday, August 11, 2022 with second quarter EPS of C$0.7334 on revenue of C$23.26B, compared to forecast for EPS of C$0.6951 on revenue of C$1.15B.
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