Bank of Nova Scotia (NYSE: BNS) has set the date for the release of its third quarter financial results on Tuesday 27th August 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
As per the predictions of financial analysts on Wall Street, the organization is set to report an estimated per share $1.19 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $6.28 billion for the period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.3. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $6.06 billion during that specific period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $24.92 billion. Additionally, they are expecting the company to achieve a per share profit of $4.76 for the fiscal year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $1.16 | -7.9% | 6.15 B | +4.9% |
| Q1 2024 | $1.25 | -6.7% | 6.24 B | +5.0% |
| Q4 2023 | $0.93 | -40.0% | 6.12 B | +6.6% |
| Q3 2023 | $1.30 | -20.2% | 6.06 B | 0% |
*Growth on year-over-year basis
Friday's trading saw Bank of Nova Scotia (BNS) shares hit a low of $47.80 and a high of $48.57, with a day volume of 1.60 million shares. The stock closed the regular trading session at $48.42, showing 1.94 percent increase.