CI Financial Corp <CIX.TO> expected to post earnings of 96 cents a share - Earnings Preview

ReutersFeb 21, 2025 2:13 PM

CI Financial Corp CIX.TO is expected to show a rise in quarterly revenue when it reports results on February 24 (estimated) for the period ending December 31 2024
The Toronto Ontario-based company is expected to report a 9.1% increase in revenue to C$780.55 million from C$715.6 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
LSEG's mean analyst estimate for CI Financial Corp is for earnings of 96 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for CI Financial Corp is C$32.00, above its last closing price of C$31.34.

Previous quarterly performance (using preferred earnings measure in Canadian dollars).

QUARTER ENDING	STARMINESMARTESTIMATE®	LSEG IBES ESTIMATE	ACTUAL	BEAT, MET, MISSED	SURPRISE %
Sep. 30 2024	0.88	0.89	0.97	Beat	9.2
Jun. 30 2024	0.85	0.86	0.90	Beat	5
Mar. 31 2024	0.85	0.86	0.86	Met	0.4
Dec. 31 2023	0.80	0.80	0.81	Beat	1.3
Sep. 30 2023	0.80	0.80	0.81	Beat	1
Jun. 30 2023	0.78	0.78	0.76	Missed	-3
Mar. 31 2023	0.78	0.78	0.74	Missed	-4.5
Dec. 31 2022	0.75	0.75	0.88	Beat	17.7

This summary was machine generated February 21 at 14:13 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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