Toronto-Dominion Bank (TD) Q1 Earnings Top Estimates

Core Viewpoint - Toronto-Dominion Bank (TD) reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of$ 1.38 per share, but down from $1.47 per share a year ago, indicating a slight earnings surprise of 0.72% [1] Financial Performance - The company posted revenues of$ 9.7 billion for the quarter ended January 2025, missing the Zacks Consensus Estimate by 7.24%, compared to $10.07 billion in the same quarter last year [2] - Over the last four quarters, Toronto-Dominion has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Toronto-Dominion shares have increased approximately 12.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is$ 1.30 on revenues of $10.32 billion, and for the current fiscal year, it is$ 5.43 on revenues of $42.38 billion [7] Industry Context - The Zacks Industry Rank indicates that the Banks - Foreign sector is currently in the bottom 48% of over 250 Zacks industries, suggesting potential underperformance compared to the top 50% of ranked industries [8]