Laurentian Bank of Canada (LB) EPS Estimated At $1.41

May 17, 2018 - By Adrian Mccoy

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 $58.83 million giving it 8.76 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 0.12% or $0.06 during the last trading session, reaching $49.42. About 153,110 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. TD Securities upgraded it to “Buy” rating and $63 target in Wednesday, December 6 report. The stock of Laurentian Bank of Canada (TSE:LB) has “Speculative Buy” rating given on Wednesday, December 6 by Canaccord Genuity. The company was upgraded on Wednesday, December 6 by BMO Capital Markets.

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 $2.06 billion. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets. It has a 8.98 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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