08:24:12 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 100,982,528
Close 2014-07-08 C$ 12.29
Market Cap C$ 1,241,075,269
Recent Sedar Documents

Globe says Veresen, others have good earnings momentum

2014-07-08 05:30 ET - In the News

See In the News (C-VSN) Veresen Inc

The Globe and Mail attempts to identify stocks with earnings momentum in its Tuesday, July 8, edition. The Globe's Tim Shufelt writes in the Number Cruncher column that he looked for Canadian companies that are entering the latest reporting season poised to build on earnings strength. Mr. Shufelt limited his search to Canadian-listed companies with market capitalizations of at least $200-million. He sorted the companies by their growth in basic earnings per share over the past year, which he says had to be positive. He compared that measure to the company's one-year change in share price, which also had to be greater than zero. Share price growth, however, had to be less than growth in EPS over that period, one possible indication that investors had not fully valued earnings growth. Eligible companies also had to have beaten the Street last quarter by posting earnings that exceeded consensus estimates. Companies posting negative average annual growth in profit margin over the prior five years were excluded. Companies with growing earnings per share are Veresen, OceanaGold, Sprott, Celestica, Canaccord Genuity Group and Canadian Natural Resources.

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