Intact Financial (IFCZF) Expected to Announce Earnings on Tuesday

Intact Financial (OTCMKTS:IFCZF) is expected to announce its results after the market closes on Tuesday, May 5th. Analysts expect the company to announce earnings of $2.92 per share and revenue of $4.2795 billion for the quarter.

Intact Financial (OTCMKTS:IFCZF) last released its quarterly earnings results on Tuesday, February 10th. The company reported $3.95 earnings per share for the quarter, missing the consensus estimate of $4.65 by ($0.70). Intact Financial had a net margin of 11.79% and a return on equity of 19.53%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $5.93 billion.

Intact Financial Stock Performance

Shares of OTCMKTS IFCZF opened at $192.22 on Monday. Intact Financial has a 12 month low of $174.43 and a 12 month high of $256.31. The firm has a market capitalization of $34.03 billion and a PE ratio of 14.61. The firm has a fifty day simple moving average of $185.89 and a two-hundred day simple moving average of $192.52.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. TD Securities reissued a “buy” rating on shares of Intact Financial in a research note on Wednesday, February 11th. Scotiabank reaffirmed an “outperform” rating on shares of Intact Financial in a research report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

Intact Financial Company Profile

Intact Financial Corporation is a leading Canadian property and casualty insurance provider offering a broad range of personal and commercial insurance products and services. Its primary operations in Canada are conducted through Intact Insurance and belairdirect, while its specialty insurance business in the United States operates under the OneBeacon Insurance Group brand. The company’s portfolio includes coverage for auto, home, commercial property and casualty, specialty lines, and accident and health, supported by risk management and claims solutions tailored to individuals, small and medium-sized enterprises, and large corporate clients.

Tracing its origins to the Halifax Fire Insurance Association founded in 1809, Intact Financial has expanded through a series of strategic mergers and acquisitions.