Bank of Nova Scotia Earnings Preview

Loading...
Loading...

Bank of Nova Scotia BNS is set to give its latest quarterly earnings report on Tuesday, 2022-03-01. Here's what investors need to know before the announcement.

Analysts estimate that Bank of Nova Scotia will report an earnings per share (EPS) of $1.60.

Bank of Nova Scotia bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 3.08% increase in the share price the next day.

Here's a look at Bank of Nova Scotia's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.51 1.32 1.32 1.32
EPS Actual 1.67 1.64 1.51 1.44
Price Change % 3.08% 1.3% 1.49% 3.94%

Stock Performance

Shares of Bank of Nova Scotia were trading at $72.21 as of February 24. Over the last 52-week period, shares are up 17.2%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

Loading...
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsBZI-EP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...