Toronto-Dominion Bank (TD) to Post Q3 2017 Earnings of $1.33 Per Share, National Bank Financial Forecasts
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Equities researchers at National Bank Financial upped their Q3 2017 EPS estimates for Toronto-Dominion Bank in a report issued on Thursday. National Bank Financial analyst G. Dechaine now anticipates that the company will post earnings per share of $1.33 for the quarter, up from their prior estimate of $1.28. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q4 2017 earnings at $1.32 EPS, FY2017 earnings at $5.33 EPS, Q1 2018 earnings at $1.43 EPS, Q2 2018 earnings at $1.40 EPS and FY2018 earnings at $5.74 EPS.
Several other equities analysts have also recently weighed in on TD. Scotiabank raised their price target on shares of Toronto-Dominion Bank from C$70.00 to C$71.00 and gave the stock a “sector perform” rating in a research note on Friday, May 26th. Royal Bank Of Canada raised their price target on shares of Toronto-Dominion Bank from C$68.00 to C$70.00 and gave the stock a “sector perform” rating in a research note on Friday, May 26th. Finally, Barclays PLC raised their price target on shares of Toronto-Dominion Bank from C$69.00 to C$70.00 in a research note on Friday, August 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$69.43.
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Shares of Toronto-Dominion Bank (TSE TD) opened at 63.73 on Monday.
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its quarterly earnings results on Thursday, May 25th. The company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.10. Toronto-Dominion Bank had a net margin of 28.23% and a return on equity of 14.16%. The company had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $8.54 billion.
Toronto-Dominion Bank Company Profile
Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.
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