18:10:01 EDT Wed 16 Jul 2025
Enter Symbol
or Name
USA
CA



goeasy Ltd
Symbol GSY
Shares Issued 16,244,513
Close 2025-05-08 C$ 147.81
Market Cap C$ 2,401,101,467
Recent Sedar Documents

Globe says goeasy liquidity profile seen as exceptional

2025-05-09 07:40 ET - In the News

The Globe and Mail reports in its Friday, May 9, edition that National Bank Financial analyst Jaeme Gloyn continues to rate goeasy "outperform." The Globe's David Leeder writes that Mr. Gloyn cut his share target by $5 to $235. Analysts on average target the shares at $222.60. Mr. Gloyn says in a note: "This is a noisy quarter. While we expect the shares to react negatively to the 16-per-cent EPS miss, the underlying performance is actually quite good. goeasy delivered a solid quarter of growth as well as sequential charge-off and delinquency improvement that should calm investor concerns regarding the credit picture and uncertainty regarding the impacts of trade wars. In addition, the Q1 miss is primarily attributable to non-cash provisioning impacts tied to third-party macro forecasts and higher other expenses. Positively, while these factors drove a year-over-year adjusted operating margin decline, the efficiency ratio improved year-over-year (a sign that operating expenses remain well contained despite a miss this quarter). Moreover, management reiterated long-term guidance and provided Q2 mini-guidance that largely aligns with our forecasts. Lastly, the financial position and liquidity profile remain exceptional."

© 2025 Canjex Publishing Ltd. All rights reserved.