Kits Eyecare reported strong revenue growth last quarter, but earnings per share fell short of expectations. EPS was C$0.0218, 63.7% below the C$0.06 estimate.
Kits Eyecare Ltd. (TSX: KITS) reported results after the market closed on November 5 for the quarter ended September 30, 2026. The earnings calendar lists EPS of C$0.0218 against an estimate of C$0.06. Separate earnings headlines report revenue of C$63.7 million, up 21.6% from a year earlier, but that figure isn’t included in the supplied calendar data. For Canadian investors, the key question is whether sales growth can lead to stronger per-share earnings. See the KITS stock page for company and share information.
Recent earnings trend
Kits Eyecare Ltd
KITS.TO
KITS.TO
Kits Eyecare Ltd
WealthAwesomeMarket cap
$643.40M
P/E
118.3x
52W high
$22.56
52W low
$10.61
1W change
+9.68%
Beta
0.49
Analyst Price Targets
Based on analyst covering KITS · as of Sep 17, 2026
Wall Street analysts forecast KITS stock price to rise 21.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$22.93
+21.0% Upside
Current Price
C$18.95
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on KITS's historical volatility
30-Day Vol
50.0%
Annualized
90-Day Vol
43.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$22.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$20.11 | C$16.93 – C$23.90 |
| 60 trading days | C$21.35 | C$16.73 – C$27.24 |
| 90 trading days | C$22.65 | C$16.81 – C$30.54 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | 0.0218 | 0.0600 | -63.7% |
| 2026-06-30 | 2026-08-05 | 0.0300 | 0.0500 | -40.0% |
| 2026-03-31 | 2026-05-05 | 0.0442 | 0.0500 | -11.6% |
| 2025-12-31 | 2026-03-04 | 0.0200 | 0.0400 | -50.0% |
| 2025-09-30 | 2025-11-06 | 0.0500 | 0.0500 | +0.0% |
| 2025-06-30 | 2025-08-05 | 0.0300 | 0.0300 | +0.0% |
Investor takeaway: The results are mixed. Reported revenue growth was strong, but EPS missed estimates by a wide margin. KITS has missed estimates in each of its last four comparable reported quarters. Before this quarter, the shortfalls ranged from 11.6% to 50%. The next quarter’s calendar consensus is C$0.08 EPS and C$63.15 million in revenue. Those are estimates, not reported results. The supplied snapshot shows a 2.54% profit margin and a P/E of 118.25, so investors may want to track earnings alongside sales growth and valuation.
C$0.0218 EPS versus C$0.06 estimated
The 63.7% miss is the largest shortfall among the last four comparable quarters in the supplied data. EPS came in below estimates in all four quarters, even as separate headlines point to 21.6% revenue growth in Q3.
Bull case
Separate earnings coverage reports Q3 revenue of C$63.7 million, up 21.6% year over year, and glasses revenue of C$11.3 million, up 59.3%. It also reports adjusted EBITDA of C$2.9 million and C$30.6 million in cash, with no debt. These figures point to growing demand and scale, but they come from separate headlines, not the supplied earnings calendar. The shares closed at C$18.95, above their 50-day and 200-day moving averages of C$16.20 and C$15.35. Analyst targets and statistical forecasts are reference points, not promises of future returns.
Bear case
EPS missed the C$0.06 estimate by 63.7%, extending KITS’ run of four consecutive quarterly misses in the supplied history. Strong sales growth doesn’t guarantee lasting per-share earnings, especially with a 2.54% profit margin and a P/E of 118.25 in the supplied snapshot. The next-quarter EPS consensus of C$0.08 is based on one analyst, so it offers a limited view of expectations. Investors should also keep adjusted EBITDA separate from net income and EPS.
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