Guardian Capital Group (TSE:GCG.A) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$64.2m (up 3.8% from 2Q 2023).

• Net loss: CA$23.1m (down by 308% from CA$11.1m profit in 2Q 2023).

• CA$0.99 loss per share (down from CA$0.47 profit in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Guardian Capital Group Earnings Insights

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Capital Markets industry in Canada.

Performance of the Canadian Capital Markets industry.

The company's shares are down 2.1% from a week ago.

Risk Analysis

Be aware that Guardian Capital Group is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...

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