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
Advertisement
Pollard Banknote Limited
PBL.TO
PBL.TO
Pollard Banknote Limited
WealthAwesomeMarket cap
$468.20M
P/E
17.7x
Div. yield
1.12%
Div. / share
$0.20
52W high
$23.27
52W low
$15.65
1W change
-4.27%
Beta
0.82
Analyst Price Targets
Based on analyst covering PBL
Wall Street analysts forecast PBL stock price to rise 66.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$28.75
+66.4% Upside
Current Price
C$17.28
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PBL's historical volatility
30-Day Vol
32.4%
Annualized
90-Day Vol
30.1%
Annualized
Trend (90d)
+31.0%
Annualized drift
90d Mean
C$19.30
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$17.93 | C$16.04 – C$20.05 |
| 60 trading days | C$18.60 | C$15.89 – C$21.79 |
| 90 trading days | C$19.30 | C$15.91 – C$23.42 |
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.
Advertisement
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% |
Advertisement
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.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
