The Toronto-Dominion Bank (TD.TO) reported earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at C$11.129 billion, or C$6.27 per share. This compares with C$2.564 billion, or C$1.35 per share, last year.
Excluding items, The Toronto-Dominion Bank reported adjusted earnings of C$3.626 billion or C$1.97 per share for the period.
Analysts on average had expected the company to earn C$1.78 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 9.0% to C$15.138 billion from C$13.883 billion last year.
The Toronto-Dominion Bank earnings at a glance (GAAP) :
-Earnings: C$11.129 Bln. vs. C$2.564 Bln. last year.-EPS: C$6.27 vs. C$1.35 last year.-Revenue: C$15.138 Bln vs. C$13.883 Bln last year.
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