Power Corporation of Canada (POW:CA) is a diversified international management and holding company with core interests in financial services. Its operations span insurance, retirement, wealth management, and other investment businesses. The company’s strategic focus on sustainable growth and disciplined capital allocation has helped it navigate changing economic conditions.
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Expected Q4 Earnings Report of Power Corporation Of Canada:
- The company is scheduled to release its fourth quarter and year-end 2024 financial results on March 19, 2025, after the market closes. A follow-up conference call will take place on March 20, 2025.
- Recent quarterly performance showed adjusted earnings per share of 0.84 Canadian dollars for Q3 2024. Analysts expect a stronger EPS for the upcoming announcements, with some forecasting approximately 1.39 Canadian dollars for Q4 2024.
Stock Target Advisor’s Analysis on Power Corporation Of Canada:
Below are some of the latest analyst ratings and price targets:
- Desjardins Securities raised its target price from 49 Canadian dollars to 53 Canadian dollars and maintained a Buy rating (March 4, 2025).
- Jefferies & Company reiterated a Buy rating with a 54 Canadian dollars target (February 27, 2025).
- TD Securities continues with a Buy rating and a 53 Canadian dollars target (February 13, 2025).
- These positive signals underscore the market’s confidence in Power Corporation’s diversified holdings, steady cash flow, and focus on operational efficiency.
Conclusion
Power Corporation of Canada’s consistent track record and upcoming earnings reports are attracting considerable investor attention. The recent upward revisions in target prices reflect analysts’ optimism about the company’s growth trajectory.
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Shareholders will be monitoring the forthcoming results for insights on how the corporation’s strategic initiatives translate into financial performance.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
