Investing.com - Bank of Nova Scotia (TSX:BNS) reported third quarter earnings that missed 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$7.8B. Analysts polled by Investing.com expected EPS of C$2.12 on revenue of C$8.16B. .
Bank of Nova Scotia shares lost 100.00% to trade at C$80.78 in pre-market trade following the report.
For the year, Bank of Nova Scotia shares are down 9.79%, under-performing the S&P/TSX which is down 5.88% year to date.
Bank of Nova Scotia follows other major Financial sector earnings this month
On Thursday, August 11, 2022, Brookfield Asset Management reported second quarter EPS of C$0.34 on revenue of C$23.26B, compared to forecasts of EPS of C$0.6951 on revenue of C$986M.
Intact Financial earnings beat analyst's expectations on Thursday, July 28, 2022, with second quarter EPS of C$3.14 on revenue of C$6.24B. Investing.com analysts expected EPS of C$2.74 on revenue of C$5.52B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar