Cormark Cuts Earnings Estimates for Dominion Lending Centres

Dominion Lending Centres Inc. (TSE:DLCFree Report) – Cormark cut their FY2024 EPS estimates for shares of Dominion Lending Centres in a report released on Thursday, November 7th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $0.22 for the year, down from their previous forecast of $0.33. Cormark also issued estimates for Dominion Lending Centres’ FY2025 earnings at $0.36 EPS.

Separately, Desjardins upgraded Dominion Lending Centres from a “hold” rating to a “moderate buy” rating in a report on Tuesday, October 15th.

View Our Latest Stock Analysis on Dominion Lending Centres

Dominion Lending Centres Price Performance

Dominion Lending Centres (TSE:DLCGet Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$0.08 earnings per share for the quarter, missing the consensus estimate of C$0.10 by C($0.02). The firm had revenue of C$22.07 million for the quarter, compared to the consensus estimate of C$23.15 million.

Dominion Lending Centres Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Monday, September 2nd were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, August 30th.

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Earnings History and Estimates for Dominion Lending Centres (TSE:DLC)

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