TVA Group reported quarterly earnings per share of C$0.48, well above the C$0.28 estimate. That extends its run to four straight quarters of earnings beats. The available results, however, don’t explain what drove the latest profit.
TVA Group Inc. (TSX: TVA-B) reported earnings after the market closed on October 29 for the quarter ended September 30, 2026. Earnings per share came in at C$0.48, compared with a single analyst’s estimate of C$0.28—a 71.4% beat. The estimate also called for revenue of C$113.1 million, but actual revenue and margin figures weren’t included in the available results. For more coverage and market information, visit the TVA-B stock page.
Recent earnings trend
TVA Group Inc
TVA-B.TO
TVA-B.TO
TVA Group Inc
WealthAwesomeMarket cap
$88.57M
P/E
1.8x
52W high
$2.95
52W low
$0.47
1W change
+0.50%
Beta
0.48
Analyst Price Targets
Based on analyst covering TVA-B · as of Sep 17, 2026
Wall Street analysts forecast TVA-B stock price to rise 23.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.50
+23.8% Upside
Current Price
C$2.02
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 TVA-B's historical volatility
30-Day Vol
68.9%
Annualized
90-Day Vol
81.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.69
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.90 | C$1.50 – C$2.41 |
| 60 trading days | C$1.79 | C$1.28 – C$2.51 |
| 90 trading days | C$1.69 | C$1.12 – C$2.55 |
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.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | 0.4800 | 0.2800 | +71.4% |
| 2026-03-31 | 2026-05-11 | -0.0900 | -0.1800 | +50.0% |
| 2025-09-30 | 2025-10-30 | 0.2100 | 0.1700 | +23.5% |
| 2023-06-30 | 2023-08-02 | -0.1800 | -0.2100 | +14.3% |
| 2023-03-31 | 2023-05-08 | -0.5300 | -0.4500 | -17.8% |
| 2022-12-31 | 2023-02-16 | 0.0100 | 0.1200 | -91.7% |
Investor takeaway: TVA delivered a sizeable earnings beat and has topped estimates in each of its last four reported quarters. But one quarter’s result doesn’t show what drove earnings or whether the growth will last. Revenue, margins, and management commentary for this period aren’t available here. TVA-B.TO closed at C$2.02 on October 29, below its 50-day moving average of C$2.36 and above its 200-day average of C$1.59. Treat the earnings result as one data point, not a standalone investment signal.
C$0.48 EPS versus C$0.28 expected
TVA’s earnings per share beat the estimate by C$0.20, or 71.4%. The estimate came from one analyst, so it offers a limited basis for comparison.
Bull case
TVA’s C$0.48 earnings per share came in 71.4% above the C$0.28 estimate. The company has also beaten estimates in each of its four most recent reported quarters with comparable forecasts. For the September quarter, analysts expected year-over-year earnings per share growth of 47.4% and revenue growth of 6.5%. TVA also operates in a media market where its TVA Sports service is set to carry French-language NHL coverage under a 12-year sublicensing agreement announced by parent company Quebecor.
Bear case
The available results don’t include actual revenue, margins, or an explanation for the earnings per share figure, so it’s hard to assess TVA’s operating performance. The shares fell 19.5% in the month through October 29 and closed below their 50-day moving average. Four straight earnings beats don’t guarantee future results. A statistical 90-day forecast also points lower on average, but its wide range signals uncertainty. Investors shouldn’t rely on it as a prediction.
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