The Bank of Nova Scotia (BNS) Scheduled to Post Earnings on Tuesday
The Bank of Nova Scotia (NYSE:BNS) will issue its Q214 quarterly earnings data on Tuesday, May 27th. Analysts expect the company to announce earnings of $1.33 per share and revenue of $5.57 billion for the quarter.
The Bank of Nova Scotia (NYSE:BNS) last issued its quarterly earnings data on Tuesday, March 4th. The company reported $1.34 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.38 by $0.04. The company had revenue of $5.73 billion for the quarter. During the same quarter last year, the company posted $1.27 earnings per share. The Bank of Nova Scotia’s revenue was up 8.9% compared to the same quarter last year. On average, analysts expect The Bank of Nova Scotia to post $5.45 EPS for the current fiscal year and $6.00 EPS for the next fiscal year.
The Bank of Nova Scotia (NYSE:BNS) opened at 62.51 on Monday. The Bank of Nova Scotia has a 1-year low of $52.05 and a 1-year high of $63.50. The stock’s 50-day moving average is $60.34 and its 200-day moving average is $59.38. The company has a market cap of $75.942 billion and a P/E ratio of 12.99.
A number of analysts have recently weighed in on BNS shares. Analysts at National Bank Financial upgraded shares of The Bank of Nova Scotia from a “sector perform” rating to an “outperform” rating in a research note on Thursday, May 15th. On the ratings front, analysts at Canaccord Genuity initiated coverage on shares of The Bank of Nova Scotia in a research note on Thursday, May 1st. They set a “buy” rating on the stock. Finally, analysts at CIBC cut their price target on shares of The Bank of Nova Scotia from C$71.00 to C$70.00 in a research note on Wednesday, March 5th. They now have a “sector perform” rating on the stock. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $68.13.
The Bank of Nova Scotia (NYSE:BNS) is a diversified financial institution.
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