Laurentian Bank of Canada Q3 Adj. EPS $0.51 Misses $0.63 Estimate, Sales $241.734M Miss $251.700M Estimate
Laurentian Bank of Canada (TSX:LB) reported quarterly earnings of $0.51 per share which missed the analyst consensus estimate of $0.63 by 19.05 percent. This is a 34.62 percent decrease over earnings of $0.78 per share
Laurentian Bank made less money than experts expected this quarter, and it's also making less money than it did a year ago. When a company misses expectations and earns less over time, people watch to see if it can turn things around soon.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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