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) = 15.0 per cent
- Ex-Energy = 12.4 per cent
- Valeant Pharmaceuticals International Inc (VRX-TO) = -29.8 per cent
- Healthcare Ex-VRX = 3.5 per cent
- TSX Composite Ex-VRX = 15.7 per cent
Q4 2017 Performance vs. Earnings Expectations:
Six per cent of the TSX Composite companies have reported Q4 2017 EPS. Of the 12 companies in the index that have reported earnings to date for Q4 2017:
- 41.7 per cent reported above analyst expectations
- 41.7% per cent reported below analyst expectations
REVENUE HIGHLIGHTS
Q4 2017 Y/Y Blended Revenue Growth Estimates:
- TSX Composite = 15.2 per cent
- Ex-Energy = 14.0 per cent
- Valeant Pharma = -16.7 per cent
- Healthcare Ex-Valeant Pharma = 12.3 per cent
- TSX Composite Ex-Valeant Pharma = 15.5 per cent
Q4 2017 Performance vs. Revenue Expectations:
Of the TSX Composite companies that have reported revenue to date for Q4 2017:
- 33.3 per cent reported above analyst expectations
- 58.3 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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