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Earnings Outlook For National Bank of Canada

BY Benzinga | ECONOMIC | 12/03/24 09:01 AM EST

National Bank of Canada (NTIOF) will release its quarterly earnings report on Wednesday, 2024-12-04. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate National Bank of Canada (NTIOF) to report an earnings per share (EPS) of $1.81.

The market awaits National Bank of Canada's (NTIOF) announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

Last quarter the company beat EPS by $0.13, which was followed by a 0.52% drop in the share price the next day.

Here's a look at National Bank of Canada's (NTIOF) past performance and the resulting price change:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 1.83 1.79 1.75 1.66
EPS Actual 1.96 1.87 1.90 1.69
Price Change % -1.0% -0.0% -0.0% 6.0%

eps graph

To track all earnings releases for National Bank of Canada (NTIOF) visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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