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Investors Cared About Canadian Bank Earnings Quality in Latest Quarter — Market Talk

Each of Canada's big bank's beat consensus expectations for fiscal 3Q, yet most stocks traded lower. TD Cowen suggests valuation played a role, as did poor earnings quality and a growing awareness that topline growth could slow materially as trading conditions normalize. TD says it doesn't support…

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Each of Canada's big bank's beat consensus expectations for fiscal 3Q, yet most stocks traded lower.

TD Cowen suggests valuation played a role, as did poor earnings quality and a growing awareness that topline growth could slow materially as trading conditions normalize.

TD says it doesn't support…