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Bank of Nova Scotia (BNS) Surpasses Q1 Earnings and Revenue Estimates
BNSThe Bank of Nova Scotia(BNS) ZACKS·2025-02-25 13:06

Group 1 - Bank of Nova Scotia (BNS) reported quarterly earnings of 1.22pershare,exceedingtheZacksConsensusEstimateof1.22 per share, exceeding the Zacks Consensus Estimate of 1.17 per share, but down from 1.25pershareayearago,representinganearningssurpriseof4.271.25 per share a year ago, representing an earnings surprise of 4.27% [1] - The bank's revenues for the quarter ended January 2025 were 6.47 billion, surpassing the Zacks Consensus Estimate by 4.57%, compared to 6.24billioninthesamequarterlastyear[2]−Overthelastfourquarters,BankofNovaScotiahassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesthreetimes[2]Group2−Thestockhasunderperformedthemarket,losingabout5.86.24 billion in the same quarter last year [2] - Over the last four quarters, Bank of Nova Scotia has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed the market, losing about 5.8% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current consensus EPS estimate for the upcoming quarter is 1.19 on revenues of 6.17billion,andforthecurrentfiscalyear,itis6.17 billion, and for the current fiscal year, it is 4.90 on revenues of $25.24 billion [7] - The Zacks Industry Rank for Banks - Foreign is currently in the bottom 35% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]