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research report

A Toronto Stock Exchange logo is seen in Toronto in this file photo.© Mark Blinch / Reuters

Globe editors have posted this research report with permission of Thomson Reuters I/B/E/S. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:

EARNINGS HIGHLIGHTS

The Q1 2017 Y/Y blended earnings growth estimate is 29.4 per cent. Excluding the energy sector, the earnings growth estimate declines to 14.6 per cent.

Q1 2017 Performance vs. Earnings Expectations:

Forty-seven per cent of the TSX Composite companies have reported Q1 2017 EPS. Of the 115 companies in the index that have reported earnings to date for Q1 2017:

  • 54.8 per cent reported above analyst expectations
  • 34.8 per cent reported below analyst expectations

REVENUE HIGHLIGHTS

The Q1 2017 Y/Y blended revenue growth estimate is 8.5 per cent. Excluding the energy sector, the revenue growth estimate declines to 3.1 per cent.

Q1 2017 Performance vs. Revenue Expectations:

Of the TSX Composite companies that have reported revenue to date for Q1 2017:

  • 53.8 per cent reported above analyst expectations
  • 46.2 per cent reported below analyst expectations

Click here to see a full copy of the Thomson Reuters I/B/E/S TSX Composite Earnings Scorecard.

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