Pollard Banknote Limited reported its second-quarter results, matching estimates but revealing a mixed outlook ahead.
On August 12, 2026, Pollard Banknote Limited (PBL.TO) announced its earnings for the second quarter of 2026, ending June 30. The company reported earnings per share (EPS) of $0.40, which is exactly what analysts expected. However, this continues a challenging trend for the company, as it hasn’t exceeded expectations in the last four quarters.
Recent earnings trend
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Pollard Banknote Limited
PBL.TO
PBL.TO
Pollard Banknote Limited
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Market cap
$464.21M
P/E
17.9x
Div. yield
1.17%
Div. / share
$0.20
52W high
$23.27
52W low
$15.65
1W change
+0.35%
Beta
0.82
Analyst Price Targets
Based on analyst covering PBL
Wall Street analysts forecast PBL stock price to rise 59.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$27.63
+59.6% Upside
Current Price
C$17.31
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PBL's historical volatility
30-Day Vol
17.1%
Annualized
90-Day Vol
25.7%
Annualized
Trend (90d)
+26.5%
Annualized drift
90d Mean
C$19.03
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$17.87 | C$16.84 – C$18.95 |
| 60 trading days | C$18.44 | C$16.96 – C$20.04 |
| 90 trading days | C$19.03 | C$17.18 – C$21.08 |
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 |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 0.4000 | 0.4000 | +0.0% |
| 2026-03-31 | 2026-05-13 | 0.1300 | 0.3900 | -66.7% |
| 2025-12-31 | 2026-03-10 | 0.1700 | 0.3900 | -56.4% |
| 2025-09-30 | 2025-11-12 | 0.4000 | 0.5200 | -23.1% |
| 2025-06-30 | 2025-08-13 | 0.4000 | 0.4800 | -16.7% |
| 2025-03-31 | 2025-05-07 | 0.4400 | 0.3900 | +12.8% |
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Investor takeaway: While Pollard Banknote's latest earnings met expectations, the lack of growth raises concerns. Investors should keep an eye on the upcoming quarters for signs of improvement in revenue and profitability.
EPS Matches Estimates at $0.40
Despite a projected 58.6% year-over-year growth for EPS, Pollard Banknote has not shown consistent performance and has maintained an EPS of $0.40 for this quarter.
Bull case
Pollard Banknote has a strong position in the lottery and gaming industry. Initiatives like the Normal Course Issuer Bid could help stabilize the share price and boost investor confidence.
Bear case
With a history of missed earnings expectations and stagnant growth, Pollard Banknote may find it hard to attract new investment without a clear strategy for improvement.
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