As of May, 29 Laurentian Bank of Canada (LB) EPS Estimated At $1.41

May 16, 2018 - By Vernon Rice

Laurentian Bank of Canada (TSE:LB) Corporate Logo

On May, 29 is awaited Laurentian Bank of Canada (TSE:LB)’s earnings report, as reported by RTT. EPS of $1.41 is 1.44 % up from 2017’s $1.39 EPS. If EPS of $1.41 is published the profit of T_LB could reach $58.83 million giving it 8.76 P/E. After $1.49 EPS report previous quarter, Wall Street now sees -5.37 % negative EPS growth of Laurentian Bank of Canada. LB is hitting $49.42 during the last trading session, after increased 0.12%.Currently Laurentian Bank of Canada is after 0.00% change in last May 17, 2017. LB has 153,110 shares volume. LB underperformed the S&P 500 by 11.55%.

Laurentian Bank of Canada (TSE:LB) Ratings Coverage

In total 6 analysts cover Laurentian Bank Of Canada (TSE:LB). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. 9 are the (TSE:LB)’s analyst reports since December 6, 2017 according to StockzIntelligence Inc. In Wednesday, December 6 report BMO Capital Markets upgraded it to “Outperform” rating and $62 target. On Wednesday, December 6 the stock of Laurentian Bank of Canada (TSE:LB) earned “Speculative Buy” rating by Canaccord Genuity. In Wednesday, December 6 report TD Securities upgraded it to “Buy” rating and $63 target.

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 $2.06 billion market cap. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets.8.98 is the 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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