goeasy Ltd to Post FY2018 Earnings of $3.54 Per Share, Cormark Forecasts (GSY)
goeasy Ltd (TSE:GSY) – Equities research analysts at Cormark reduced their FY2018 earnings per share estimates for shares of goeasy in a report issued on Friday, November 9th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $3.54 per share for the year, down from their previous estimate of $3.72. Cormark also issued estimates for goeasy’s Q4 2018 earnings at $0.99 EPS, Q1 2019 earnings at $1.05 EPS, Q2 2019 earnings at $1.19 EPS, FY2019 earnings at $5.38 EPS, Q1 2020 earnings at $1.65 EPS, Q2 2020 earnings at $1.55 EPS and Q3 2020 earnings at $1.75 EPS.
Several other research analysts have also issued reports on GSY. Desjardins increased their target price on goeasy from C$48.00 to C$55.00 in a research report on Thursday, August 9th. BMO Capital Markets increased their target price on goeasy from C$47.00 to C$60.00 in a research report on Thursday, August 9th. Finally, Raymond James increased their target price on goeasy from C$51.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th.
In other news, insider Shane Pennell bought 1,000 shares of the firm’s stock in a transaction dated Monday, November 12th. The stock was purchased at an average price of C$40.77 per share, with a total value of C$40,770.00. Insiders bought a total of 2,600 shares of company stock valued at $119,128 in the last three months.
goeasy Company Profile
goeasy Ltd. provides goods and alternative financial services in Canada. It operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; and consumer loans and related financial services, such as loan protection plans, home and auto benefit plans, and credit monitoring services.
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