Analysts See $1.41 EPS for Laurentian Bank of Canada (LB) as of May, 29

May 16, 2018 - By Vernon Prom

Laurentian Bank of Canada (TSE:LB) Corporate Logo

On May, 29 Laurentian Bank of Canada (TSE:LB)’s earnings report is awaited by WallStreet, RTT reports. This year’s earnings per share analyst estimate is awaited to be $1.41. That is 1.44 % up compareed to $1.39 earnings per share for last year. If reported the P/E will be 8.76 with $58.83 million profit. -5.37 % negative EPS growth is what Wall Street’s predicts after $1.49 reported EPS previous quarter. Ticker’s shares touched $49.42 during the last trading session after 0.12% change.Currently Laurentian Bank of Canada is after 0.00% change in last May 17, 2017. LB has 153,110 shares volume. LB underperformed by 11.55% the S&P500.

Laurentian Bank of Canada (TSE:LB) Ratings Coverage

In total 6 analysts cover Laurentian Bank Of Canada (TSE:LB). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. 9 are the (TSE:LB)’s analyst reports since December 6, 2017 according to StockzIntelligence Inc. On Wednesday, December 6 the rating was upgraded by TD Securities to “Buy”. The stock rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, December 6. On Wednesday, December 6 the firm earned “Speculative Buy” rating by Canaccord Genuity.

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States.The company has $2.06 billion market cap. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets.8.98 is the P/E ratio. The firm offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions.

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