National Bank Financial Comments on Canadian Tire Co. Limited’s Q4 2017 Earnings (CTC)

Canadian Tire Co. Limited (TSE:CTC) – National Bank Financial decreased their Q4 2017 earnings per share (EPS) estimates for shares of Canadian Tire Co. Limited in a report released on Thursday. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $3.82 per share for the quarter, down from their prior forecast of $3.84. National Bank Financial also issued estimates for Canadian Tire Co. Limited’s Q3 2018 earnings at $2.94 EPS.

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Separately, Desjardins raised Canadian Tire Co. Limited from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th.

Shares of Canadian Tire Co. Limited (CTC) traded up 0.21% during midday trading on Monday, reaching $233.49. The company had a trading volume of 200 shares. The company has a 50 day moving average of $235.43 and a 200 day moving average of $217.37. Canadian Tire Co. Limited has a 12-month low of $174.00 and a 12-month high of $242.00. The firm has a market capitalization of $16.30 billion and a price-to-earnings ratio of 24.28.

About Canadian Tire Co. Limited

Canadian Tire Corporation, Limited provides a range of products and services through a portfolio of retail banners in Canada. Its Retail segment operates general merchandise retail tire stores with approximately 150,000 stock keeping units in living, fixing, playing, automotive, and seasonal divisions under the Canadian Tire banner; a chain of 91 automotive parts specialty stores under the PartSource banner; and as a retailer of gasoline with a network of 296 retail gas bars under the Petroleum banner.

Earnings History and Estimates for Canadian Tire Co. Limited (TSE:CTC)

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