A Toronto Stock Exchange logo is seen in Toronto in this file photo.Mark Blinch
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
Q4 2017 Y/Y Blended Earnings Growth Estimates:
- TSX Composite (.GSPTSE) = 18.6 per cent
- Ex-Energy = 13.0 per cent
- Valeant Pharmaceuticals International Inc. (VRX-TO) = -27.7 per cent
- Healthcare Ex-VRX = -3.8 per cent
- TSX Composite Ex-VRX = 19.3 per cent
Q4 2017 Performance vs. Earnings Expectations:
16 per cent of the TSX Composite (.GSPTSE) companies have reported Q4 2017 EPS. Of the 40 companies in the index that have reported earnings to date for Q4 2017:
- 65.0 per cent reported above analyst expectations
- 25.0 per cent reported below analyst expectations
REVENUE HIGHLIGHTS
Q4 2017 Y/Y Blended Revenue Growth Estimates:
- TSX Composite (.GSPTSE) = 14.0 per cent
- Ex-Energy = 14.0 per cent
- Valeant Pharma (VRX-TO) = -15.7 per cent
- Healthcare Ex-Valeant Pharma = 12.3 per cent
- TSX Composite Ex-Valeant Pharma = 15.2 per cent
Q4 2017 Performance vs. Revenue Expectations:
Of the TSX Composite companies that have reported revenue to date for Q4 2017:
- 57.8 per cent reported above analyst expectations
- 40.0 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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