Earnings Preview: National Bank of Canada

National Bank of Canada NTIOF is set to give its latest quarterly earnings report on Wednesday, 2021-12-01. Here's what investors need to know before the announcement.

Analysts estimate that National Bank of Canada will likely report an Earnings Per Share (EPS) of $1.76.

National Bank of Canada bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.81, which was followed by a 0.48% drop in the share price the next day.

Here's a look at National Bank of Canada's past performance and the resulting price change:

Stock Performance

Shares of National Bank of Canada were trading at $79.8451 as of November 29. Over the last 52-week period, shares are up 41.53%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.