Brokers Set Expectations for TMX Group Ltd’s Q1 2019 Earnings (X)

TMX Group Ltd (TSE:X) – Investment analysts at National Bank Financial issued their Q1 2019 earnings per share (EPS) estimates for shares of TMX Group in a research report issued on Monday, April 15th. National Bank Financial analyst J. Gloyn anticipates that the company will post earnings of $1.16 per share for the quarter. National Bank Financial also issued estimates for TMX Group’s Q2 2019 earnings at $1.38 EPS, Q3 2019 earnings at $1.32 EPS, Q4 2019 earnings at $1.37 EPS and FY2019 earnings at $5.23 EPS.

TMX Group (TSE:X) last issued its quarterly earnings results on Wednesday, February 13th. The company reported C$1.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$1.27 by C$0.04. The firm had revenue of C$207.60 million during the quarter, compared to analysts’ expectations of C$201.70 million.

Several other equities research analysts also recently commented on X. Royal Bank of Canada boosted their target price on TMX Group from C$89.00 to C$93.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. TD Securities boosted their target price on TMX Group from C$96.00 to C$98.00 in a report on Friday, February 15th.

Shares of X stock opened at C$88.08 on Wednesday. The firm has a market capitalization of $4.91 billion and a P/E ratio of 17.27. TMX Group has a twelve month low of C$68.87 and a twelve month high of C$90.33. The company has a debt-to-equity ratio of 32.71, a quick ratio of 0.01 and a current ratio of 0.99.

TMX Group Company Profile

TMX Group Limited operates exchanges, markets, and clearing houses for capital markets in Canada. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment offers real time data, other market data products, and data delivery and technology solutions.

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