Analysts Offer Predictions for Equity Financial Holdings Inc.’s FY2017 Earnings (EQI)

Equity Financial Holdings Inc. (TSE:EQI) – Equities researchers at Cormark raised their FY2017 EPS estimates for shares of Equity Financial in a research note issued to investors on Monday. Cormark analyst J. Fenwick now forecasts that the company will earn $0.75 per share for the year, up from their previous forecast of $0.74. Cormark also issued estimates for Equity Financial’s Q4 2017 earnings at $0.27 EPS, Q1 2018 earnings at $0.31 EPS, Q2 2018 earnings at $0.30 EPS, Q3 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.34 EPS, FY2018 earnings at $1.22 EPS, Q1 2019 earnings at $0.36 EPS, Q2 2019 earnings at $0.33 EPS, Q3 2019 earnings at $0.29 EPS and FY2019 earnings at $1.32 EPS.

A number of other equities research analysts have also issued reports on the stock. Laurentian Bank of Canada cut their price objective on shares of Equity Financial from C$10.25 to C$9.75 and set a “tender” rating for the company in a report on Monday. Laurentian increased their price objective on shares of Equity Financial from C$9.75 to C$10.25 and gave the company a “tender” rating in a report on Monday.

Shares of Equity Financial (TSE:EQI) opened at C$10.21 on Tuesday. Equity Financial has a fifty-two week low of C$6.85 and a fifty-two week high of C$10.40.

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Equity Financial Company Profile

Equity Financial Holdings Inc, a financial services company, through its subsidiary, Equity Financial Trust Company, provides alternative residential mortgage loans to non-prime and near-prime customers in Canada. It offers residential mortgage loans on single family homes through a network of independent mortgage brokers in Ontario.

Earnings History and Estimates for Equity Financial (TSE:EQI)

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