Toronto-Dominion Bank reports results for the quarter ended January 31 - Earnings Summary

• Toronto-Dominion Bank TD.TO reported quarterly adjusted earnings of C$2.02​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of C$2.00. The mean expectation of eleven analysts for the quarter was for earnings of C$1.96 per share. Wall Street expected results to range from C$1.69 to C$2.10 per share.

• Revenue rose 2.4% to C$14.05 billion from a year ago; analysts expected C$13.61 billion.

• Toronto-Dominion Bank's reported EPS for the quarter was C$1.55​.

• The company reported quarterly net income of C$2.71 billion.

• Toronto-Dominion Bank shares had risen by 12.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Toronto-Dominion Bank is C$93.07

This summary was machine generated from LSEG data February 27 at 02:30 p.m. UTC. ​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)