Bank of Nova Scotia Earnings Estimate

BNS Stock  CAD 69.66  0.79  1.15%   
By analyzing Bank of Nova Scotia's earnings estimates, investors can diagnose different trends across Bank of Nova Scotia's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Bank of Nova is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Bank of Nova Scotia is projected to generate 1.6024 in earnings per share on the 30th of April 2025. Bank of Nova Scotia earnings estimates show analyst consensus about projected Bank of Nova EPS (Earning Per Share). It derives the highest and the lowest estimates based on Bank of Nova Scotia's historical volatility. Many public companies, such as Bank of Nova Scotia, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Bank of Nova Scotia's earnings estimates, investors can diagnose different trends across Bank of Nova Scotia's analyst sentiment over time as well as compare current estimates against different timeframes. As of the 18th of March 2025, Pretax Profit Margin is likely to grow to 0.28, while Gross Profit is likely to drop about 18.9 B.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Bank of Nova Scotia Earnings per Share Projection vs Actual

About Bank of Nova Scotia Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Bank of Nova Scotia earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Bank of Nova Scotia estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Bank of Nova Scotia fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings66.4 B69.7 B
Earning Assets568.7 B454.7 B
Earnings Yield 0.08  0.07 
Price Earnings Ratio 13.07  12.41 
Price Earnings To Growth Ratio 14.94  15.68 

Pair Trading with Bank of Nova Scotia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

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Moving against Bank Stock

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The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Nova to buy it.
The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.