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Toronto-Dominion: Fiscal 3Q Earnings Snapshot

August 29, 2019

TORONTO (AP) _ The Toronto-Dominion Bank (TD) on Thursday reported fiscal third-quarter net income of $2.43 billion.

The Toronto-based bank said it had earnings of $1.30 per share. Earnings, adjusted for non-recurring costs, were $1.34 per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.34 per share.

The retail and wholesale bank posted revenue of $11.3 billion in the period. Its revenue net of interest expense was $7.85 billion, beating Street forecasts.

Toronto-Dominion shares have increased slightly more than 8% since the beginning of the year. The stock has fallen 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TD at https://www.zacks.com/ap/TD

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