Power Co. of Canada (PWCDF) Expected to Announce Quarterly Earnings on Tuesday

Power Co. of Canada (OTCMKTS:PWCDF) is anticipated to issue its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $3.2140 billion for the quarter.

Power Co. of Canada Price Performance

PWCDF stock traded up $0.47 during midday trading on Tuesday, reaching $56.21. The company had a trading volume of 7,182 shares, compared to its average volume of 43,300. Power Co. of Canada has a 1 year low of $34.21 and a 1 year high of $56.70. The firm has a 50-day moving average price of $50.09 and a 200-day moving average price of $49.97.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PWCDF. Scotiabank restated an “outperform” rating on shares of Power Co. of Canada in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Power Co. of Canada in a report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Power Co. of Canada presently has a consensus rating of “Hold”.

About Power Co. of Canada

Power Co of Canada is a diversified international management and holding company founded in 1925 and headquartered in Montreal, Quebec. Through its principal subsidiaries, the company builds long-term value by investing in and providing strategic oversight to companies operating primarily in the financial services sector. Power Co maintains a long history of family ownership and stewardship, with former co-CEOs Paul Desmarais Jr. and André Desmarais playing key roles in its development over recent decades.

The company’s main areas of activity encompass life and health insurance, wealth and asset management, and retirement services.