Street Capital Group Inc (TSE:SCB) – National Bank Financial lowered their FY2020 earnings per share (EPS) estimates for Street Capital Group in a research report issued on Tuesday, August 6th. National Bank Financial analyst J. Gloyn now anticipates that the financial services provider will post earnings of $0.03 per share for the year, down from their previous forecast of $0.04. National Bank Financial has a “Tender” rating and a $0.68 price objective on the stock.
Separately, Raymond James lowered their price objective on Street Capital Group from C$0.70 to C$0.68 and set a “market perform” rating for the company in a research note on Tuesday, June 18th.
Street Capital Group (TSE:SCB) last announced its quarterly earnings results on Friday, August 2nd. The financial services provider reported C$0.03 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.01. The firm had revenue of C$18.00 million for the quarter, compared to the consensus estimate of C$16.80 million.
About Street Capital Group
Street Capital Group Inc, through its subsidiary, Street Capital Bank of Canada, provides a range of deposit and residential mortgage solutions in Canada. The company originates and sells high ratio and conventional prime insurable single-family residential mortgages; and accepts cashable guaranteed investment certificates (GICs) or term deposits and non-redeemable GICs.
Further Reading: What is the Coverage Ratio?
Receive News & Ratings for Street Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Street Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.