Bank of Nova Scotia's Earnings: A Preview

Bank of Nova Scotia BNS will release its quarterly earnings report on Tuesday, 2024-12-03. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Bank of Nova Scotia to report an earnings per share (EPS) of $1.19.

Bank of Nova Scotia bulls will hope to hear the company 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).

Overview of Past Earnings

In the previous earnings release, the company missed EPS by $0.00, leading to a 2.1% drop in the share price the following trading session.

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

Tracking Bank of Nova Scotia's Stock Performance

Shares of Bank of Nova Scotia were trading at $57.02 as of November 29. Over the last 52-week period, shares are up 28.63%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Bank of Nova Scotia visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.