Toronto-Dominion Bank TD releases its next round of earnings this Thursday, May 23. Here's Benzinga's essential guide to Toronto-Dominion Bank's Q2 earnings report.
Earnings and Revenue
Analysts predict Toronto-Dominion Bank will report earnings of $1.15 per share on revenue of $7.27 billion.
In the same quarter last year, Toronto-Dominion Bank reported EPS of $1.26 on revenue of $7.38 billion. Analysts estimate would represent a 8.73 percent decrease in the company's earnings. Sales would be down 1.54 percent from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 |
| EPS Estimate | 1.16 | 1.15 | 1.16 | 1.16 | 1.15 |
| EPS Actual | 1.18 | 1.22 | 1.28 | 1.26 | 1.22 |
Stock Performance
Shares of Toronto-Dominion Bank were trading at $55.47 as of May 22. Over the last 52-week period, shares are down 5.76 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts have been rating Toronto-Dominion Bank stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Toronto-Dominion Bank is scheduled to hold a conference call at 1:30 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/hi67j2th
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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