TMX Group Ltd (TSE:X) – Analysts at National Bank Financial lowered their Q3 2018 earnings per share (EPS) estimates for shares of TMX Group in a note issued to investors on Monday, October 15th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $1.20 per share for the quarter, down from their prior estimate of $1.26. National Bank Financial also issued estimates for TMX Group’s Q4 2018 earnings at $1.25 EPS, FY2018 earnings at $5.11 EPS, FY2019 earnings at $5.46 EPS and FY2020 earnings at $5.80 EPS.

TMX Group (TSE:X) last posted its earnings results on Wednesday, August 8th. The company reported C$1.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.38 by C($0.04). The business had revenue of C$209.50 million for the quarter, compared to analysts’ expectations of C$207.80 million.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets boosted their target price on shares of TMX Group from C$85.00 to C$90.00 in a report on Thursday, August 9th. TD Securities boosted their target price on shares of TMX Group from C$88.00 to C$94.00 and gave the stock a “buy” rating in a report on Tuesday, July 31st. Finally, CIBC boosted their target price on shares of TMX Group from C$88.00 to C$98.00 in a report on Friday, July 20th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$90.33.

X opened at C$84.23 on Wednesday. TMX Group has a fifty-two week low of C$66.43 and a fifty-two week high of C$90.33.

In other news, insider Cheryl Graden sold 7,800 shares of the company’s stock in a transaction on Thursday, August 30th. The shares were sold at an average price of C$89.00, for a total value of C$694,200.00.

TMX Group Company Profile

TMX Group Limited operates exchanges, markets, and clearing houses primarily 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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Earnings History and Estimates for TMX Group (TSE:X)

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