Q4 2019 EPS Estimates for Street Capital Group Inc Cut by National Bank Financial (SCB)

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Street Capital Group Inc (TSE:SCB) – Equities research analysts at National Bank Financial decreased their Q4 2019 earnings per share (EPS) estimates for Street Capital Group in a note issued to investors on Wednesday, May 8th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings per share of ($0.02) for the quarter, down from their previous forecast of ($0.01). National Bank Financial has a “Sector Perform” rating and a $0.50 price target on the stock.

Street Capital Group (TSE:SCB) last issued its quarterly earnings data on Wednesday, March 6th. The financial services provider reported C($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.05) by C$0.04. The business had revenue of C$12.31 million for the quarter, compared to the consensus estimate of C$12.10 million.

Separately, Raymond James set a C$0.70 target price on shares of Street Capital Group and gave the company a “market perform” rating in a research note on Thursday, March 7th.

SCB opened at C$0.50 on Monday. The company has a debt-to-equity ratio of 147.66, a quick ratio of 1.20 and a current ratio of 1.33. Street Capital Group has a fifty-two week low of C$0.45 and a fifty-two week high of C$0.94. The firm has a market cap of $61.09 million and a P/E ratio of -1.36.

About Street Capital Group

Street Capital Group Inc, through its subsidiary, Street Capital Bank of Canada, provides a range of deposit and residential mortgage solutions in Canada. The company originates and sells high ratio and conventional prime insurable single-family residential mortgages; and accepts cashable guaranteed investment certificates (GICs) or term deposits and non-redeemable GICs.

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Earnings History and Estimates for Street Capital Group (TSE:SCB)

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