Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) will be releasing its earnings data before the market opens on Tuesday, February 27th. Analysts expect Bank of Nova Scotia to post earnings of C$1.68 per share for the quarter.
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its quarterly earnings results on Tuesday, November 28th. The bank reported C$1.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.68 by C($0.03). The business had revenue of C$6.81 billion for the quarter, compared to the consensus estimate of C$7.05 billion. Bank of Nova Scotia had a net margin of 30.39% and a return on equity of 14.64%. During the same quarter in the prior year, the business posted $1.58 EPS.
Bank of Nova Scotia (BNS) opened at C$77.21 on Tuesday. The firm has a market cap of $92,630.00, a price-to-earnings ratio of 11.90 and a beta of 0.86. Bank of Nova Scotia has a twelve month low of C$73.31 and a twelve month high of C$85.50.
A number of research firms have recently weighed in on BNS. BMO Capital Markets restated an “outperform” rating and set a C$86.00 price target on shares of Bank of Nova Scotia in a report on Wednesday, December 6th. CSFB raised their price target on shares of Bank of Nova Scotia from C$84.00 to C$86.00 in a report on Friday, January 19th. Citigroup raised their price target on shares of Bank of Nova Scotia from C$90.00 to C$93.00 in a report on Friday, November 17th. Canaccord Genuity raised their price target on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a report on Wednesday, November 1st. Finally, National Bank Financial raised their price target on shares of Bank of Nova Scotia from C$86.00 to C$88.00 and gave the company an “outperform” rating in a report on Wednesday, November 29th. Eight research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of C$89.25.
In related news, insider Barbara Frances Mason sold 20,000 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of C$82.60, for a total value of C$1,652,000.00.
About Bank of Nova Scotia
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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