TWC Enterprises reported calendar EPS of C$1.1489 for the quarter ended September 30. There’s no analyst estimate or reliable history of estimates to compare it with, so the result can’t be called a beat or miss.
The company reported after the market close on October 30, 2026. Net earnings rose to C$27.7 million from C$16.9 million a year earlier, but that included a C$15.2 million gain from selling Kanata Golf Club. Operating revenue was C$77.9 million, and Canadian golf rounds fell year over year.
Recent earnings trend
TWC Enterprises Ltd
TWC.TO
TWC.TO
TWC Enterprises Ltd
WealthAwesomeMarket cap
$626.81M
P/E
9.0x
Div. yield
1.50%
Div. / share
$0.39
52W high
$29.87
52W low
$21.73
1W change
+0.00%
Beta
0.35
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TWC's historical volatility
30-Day Vol
12.7%
Annualized
90-Day Vol
29.0%
Annualized
Trend (90d)
-23.6%
Annualized drift
90d Mean
C$23.90
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$25.28 | C$24.19 – C$26.42 |
| 60 trading days | C$24.58 | C$23.10 – C$26.16 |
| 90 trading days | C$23.90 | C$22.15 – C$25.79 |
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: Low — no EPS consensus estimates are available for this name. Focus on reported EPS trends below rather than beat/miss framing.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-30 | 1.1489 | — | — |
| 2026-06-30 | 2026-07-31 | 0.8026 | — | — |
| 2026-03-31 | 2026-04-30 | 0.2523 | — | — |
| 2025-12-31 | 2026-03-05 | 0.7609 | — | — |
| 2025-09-30 | 2025-11-06 | 0.7005 | — | — |
| 2025-06-30 | 2025-08-08 | 0.8756 | — | — |
Investor takeaway: The increase in net earnings needs context. The golf-club sale contributed a substantial one-time gain, while fewer Canadian golf rounds point to pressure on operations. TWC’s reported fundamentals include a 31.80% profit margin, C$2.88 in trailing-12-month EPS and a 1.50% dividend yield. With limited analyst coverage and no consensus estimates, investors can focus on the company’s filings and separate recurring results from asset-sale gains. See the TWC.TO stock page for company and market information.
C$15.2 million
That was the gain TWC reported from selling Kanata Golf Club. It helped lift third-quarter net earnings to C$27.7 million from C$16.9 million a year earlier. Investors should assess the golf operations separately from this one-time gain.
Bull case
TWC reported C$77.9 million in operating revenue and a 31.80% profit margin in the supplied fundamentals snapshot. The company also renewed its normal course issuer bid, allowing it to repurchase up to 1,205,556 shares—about 5% of shares outstanding—through September 19, 2027. Under the previous bid, TWC repurchased 70,500 shares at an average price of C$25.69.
A reported P/E of about 9.0 and a 1.50% dividend yield may appeal to investors considering the shares. But neither figure alone shows whether the stock is good value.
Bear case
The C$15.2 million gain from the Kanata Golf Club sale helped raise net earnings, so the increase may not reflect stronger recurring operations. Canadian golf rounds also fell year over year.
In the previous quarter, supplemental reporting cited a 9% drop in Canadian rounds amid unusually wet and cold weather. Net earnings fell to C$19.4 million from C$21.5 million, mainly because of fair-value changes in TWC’s Automotive Properties REIT investment. Limited analyst coverage also means fewer independent estimates and less consensus context for assessing results.
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