What To Expect From EQB Inc (TSX:EQB) Q4 2023 Earnings

Author's Avatar
14 hours ago

EQB Inc (TSX:EQB, Financial) is set to release its Q4 2023 earnings on Dec 5, 2024. The consensus estimate for Q4 2023 revenue is $0.28 billion, and the earnings are expected to come in at $2.89 per share. The full year 2023's revenue is expected to be $1.06 billion and the earnings are expected to be $11.30 per share. More detailed estimate data can be found on the Forecast page.

EQB Inc (TSX:EQB, Financial) Estimates Trends

Revenue estimates for EQB Inc (TSX:EQB) have declined from $1.07 billion to $1.06 billion for the full year 2023 and increased from $1.17 billion to $1.17 billion for 2024 over the past 90 days. Earnings estimates for EQB Inc (TSX:EQB) have remained flat at $11.30 per share for the full year 2023 and at $12.73 per share for 2024 over the past 90 days.

EQB Inc (TSX:EQB, Financial) Reported History

In the previous quarter of 2024-07-31, EQB Inc's (TSX:EQB) actual revenue was $0.27 billion, which missed analysts' revenue expectations of $0.28 billion by -4.17%. EQB Inc's (TSX:EQB) actual earnings were $2.84 per share, which beat analysts' earnings expectations of $2.83 per share by 0.35%. After releasing the results, EQB Inc (TSX:EQB) was down by -1.11% in one day.

1864278815791017984.png

EQB Inc (TSX:EQB, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 9 analysts, the average target price for EQB Inc (TSX:EQB) is $118.33 with a high estimate of $135.00 and a low estimate of $88.00. The average target implies an upside of 7.73% from the current price of $109.84.

Based on GuruFocus estimates, the estimated GF Value for EQB Inc (TSX:EQB, Financial) in one year is $98.88, suggesting a downside of -9.98% from the current price of $109.84.

Based on the consensus recommendation from 9 brokerage firms, EQB Inc's (TSX:EQB, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.

1864278893641494528.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.