Power Corporation of Canada has reported impressive second-quarter earnings, exceeding analyst expectations and showcasing robust growth across its core businesses.
In its latest earnings report, Power Corporation of Canada (POW.TO) announced adjusted earnings per share (EPS) of C$1.55 for Q2 2026, surpassing the consensus estimate of C$1.52 by 2.0%. This marks a 12% increase from the previous year, driven by strong performances from its subsidiaries, particularly Great-West Lifeco and IGM Financial. The company’s solid results reflect ongoing strategic initiatives and a favorable market environment.
Recent earnings trend
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Power Corporation Of Canada
POW.TO
POW.TO
Power Corporation Of Canada
WealthAwesomeMarket cap
$60.37B
P/E
23.6x
Div. yield
2.70%
Div. / share
$2.50
52W high
$97.66
52W low
$53.72
1W change
+3.30%
Beta
0.93
Analyst Price Targets
Based on analyst covering POW
Wall Street analysts forecast POW stock price to rise 2.1% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$97.78
+2.1% Upside
Current Price
C$95.80
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 POW's historical volatility
30-Day Vol
22.9%
Annualized
90-Day Vol
20.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$114.53
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$101.68 | C$93.96 – C$110.02 |
| 60 trading days | C$107.91 | C$96.52 – C$120.65 |
| 90 trading days | C$114.53 | C$99.90 – C$131.30 |
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: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-12 | — | 1.6300 | — |
| 2026-06-30 | 2026-07-30 | 1.5500 | 1.5200 | +2.0% |
| 2026-03-31 | 2026-05-12 | 1.2841 | 1.4200 | -9.6% |
| 2025-12-31 | 2026-03-17 | 1.3600 | 1.4400 | -5.6% |
| 2025-09-30 | 2025-11-12 | 1.3500 | 1.3400 | +0.7% |
| 2025-06-30 | 2025-08-07 | 1.3800 | 1.2900 | +7.0% |
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Investor takeaway: With its recent earnings beat and continued growth in key segments, Power Corporation's stock remains an attractive option for investors seeking exposure in the financial sector, particularly in insurance and asset management. The company's focus on capital returns and corporate simplification further enhances its investment appeal.
Power Corporation Reports Q2 2026 EPS of C$1.55, Beating Estimates by 2.0%
The adjusted net earnings of C$974 million for the quarter reflect a 10% year-over-year increase, demonstrating the company's strong operational fundamentals and effective cost management.
Bull case
Power Corporation's diverse portfolio and strong performance, especially from Great-West and IGM, set it up well for future growth. The company’s ability to return capital to shareholders while pursuing strategic acquisitions shows its commitment to enhancing shareholder value.
Bear case
Despite the positive earnings report, potential market volatility and regulatory changes in the financial sector could create challenges. Additionally, the company’s reliance on its subsidiaries means that any downturn in those businesses could impact overall results.
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Wealth Awesome
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