Q2 2022 EPS estimates for goeasy Ltd. (TSE:GSY) reduced by analyst

goeasy ltd. (TSE: GSY- Get a rating) – Desjardins lowered its Q2 2022 earnings per share (EPS) estimates for goeasy in a research note released to investors on Wednesday, August 3. Desjardins analyst G. Ho now expects the company to post earnings per share of $2.62 for the quarter, down from its previous forecast of $2.64. The consensus estimate of goeasy’s current annual earnings is $14.38 per share.

Other analysts have also recently released reports on the company. BMO Capital Markets reduced its target price on goeasy from C$228.00 to C$225.00 in a Friday, May 13 research report. Scotiabank reduced its price target on goeasy from C$170.00 to C$160.00 in a research report on Friday, May 13. Raymond James cut his price target on goeasy from C$213.00 to C$202.00 and set a “Strong Buy” rating for the company in a Friday, July 8 research report. TD Securities cut its price target on goeasy from C$215.00 to C$195.00 and set a “buy” rating for the company in a research report on Thursday. Finally, National Bankshares cut its price target on goeasy from C$220.00 to C$155.00 and set an “outperform” rating for the company in a Thursday, May 12 research report. One research analyst gave the stock a hold rating, five gave the company a buy rating and one gave the company a strong buy rating. According to data from MarketBeat.com, goeasy currently has an average “Buy” rating and an average target price of C$192.38.

goeasy stock market performance

TSE: GSY opened at C$121.36 on Friday. The company has a debt ratio of 240.20, a current ratio of 16.00 and a quick ratio of 15.94. The company has a fifty-day simple moving average of C$106.14 and a two-hundred-day simple moving average of C$123.87. goeasy has a 1 year minimum of CA$95.00 and a 1 year maximum of CA$218.35. The company has a market capitalization of C$1.92 billion and a P/E ratio of 13.44.

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goeasy (TSE:GSY – Get a rating) last reported results on Wednesday, May 11. The company reported earnings per share (EPS) of C$2.72 for the quarter, missing analyst consensus estimates of C$2.78 by C$0.06. The company posted revenue of C$232.14 million in the quarter, compared to analyst estimates of C$233.25 million.

goeasy announces dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 8. Investors of record on Friday July 8 received a dividend of $0.91 per share. This represents an annualized dividend of $3.64 and a yield of 3.00%. The ex-dividend date was Thursday, June 23. goeasy’s payout rate is 32.00%.

About goeasy

(Get a rating)

goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.

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History and revenue estimates for goeasy (TSE:GSY)

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