Investing.com - Bank of Nova Scotia (TSX:BNS) reported fourth-quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$2.1 on revenue of C$7.69B. Analysts polled by Investing.com anticipated EPS of C$1.91 on revenue of C$7.91B. .
Bank of Nova Scotia shares lost 100.00% to trade at C$81.43 in pre-market trade following the report.
For the year, Bank of Nova Scotia shares are up 18.36%, under-performing the S&P/TSX which is up 21.31% year to date.
Bank of Nova Scotia follows other major Financial sector earnings this month
On Thursday, November 11, 2021, Brookfield Asset Management reported third quarter EPS of C$0.47 on revenue of C$19.25B, compared to forecasts of EPS of C$0.7398 on revenue of C$1.03B.
Great West Lifeco Pref F earnings beat analyst's expectations on Wednesday, November 3, 2021, with third quarter EPS of C$0.89 on revenue of C$16.68B. Investing.com analysts expected EPS of C$0.81 on revenue of C$926.12M
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