goeasy Ltd reports results for the quarter ended June 30 - Earnings Summary

• goeasy Ltd GSY reported quarterly adjusted earnings of C$5.19​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$4.10. The mean expectation of eight analysts for the quarter was for earnings of C$4.06 per share. Wall Street expected results to range from C$3.78 to C$4.84 per share.

• Revenue rose 17.8% to C$446.29 million from a year ago; analysts expected C$407.97 million.

• goeasy Ltd's reported EPS for the quarter was C$5.19​.

• The company reported quarterly net income of C$86.54 million.

• goeasy Ltd shares had risen by 11.1% this quarter and gained 11.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

• Wall Street's median 12-month price target for goeasy Ltd is C$215.00, about 13.5% above its last closing price of C$186.00

This summary was machine generated from LSEG data August 6 at 09:45 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)