$1.41 EPS Expected for Laurentian Bank of Canada (LB)

May 17, 2018 - By Larry Purdy

Laurentian Bank of Canada (TSE:LB) Logo

Analysts expect Laurentian Bank of Canada (TSE:LB) to report $1.41 EPS on May, 29.They anticipate $0.02 EPS change or 1.44 % from last quarter’s $1.39 EPS. T_LB’s profit would be $58.83M giving it 8.78 P/E if the $1.41 EPS is correct. After having $1.49 EPS previously, Laurentian Bank of Canada’s analysts see -5.37 % EPS growth. The stock increased 0.24% or $0.12 during the last trading session, reaching $49.54. About 57,771 shares traded. Laurentian Bank of Canada (TSE:LB) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Laurentian Bank of Canada (TSE:LB) Ratings Coverage

Among 6 analysts covering Laurentian Bank Of Canada (TSE:LB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Laurentian Bank Of Canada had 9 analyst reports since December 6, 2017 according to SRatingsIntel. The stock of Laurentian Bank of Canada (TSE:LB) earned “Buy” rating by TD Securities on Wednesday, December 6. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, December 6. The rating was downgraded by Canaccord Genuity to “Speculative Buy” on Wednesday, December 6.

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 market cap of $2.07 billion. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets. It has a 9 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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