Altus Group has beaten EPS estimates in three of its last four quarters. But its upcoming report sends a mixed signal: analysts have raised their EPS forecast while lowering their revenue outlook.
Altus Group Limited (TSX: AIF) is scheduled to report results after markets close on November 5, 2026, for the quarter ended September 30. Analysts expect EPS of C$0.57, up from C$0.38 a year earlier. They forecast revenue of C$115.17 million, down 13.6%. With just three analysts contributing EPS estimates and four contributing revenue estimates, investors will be watching to see whether earnings growth can hold up as sales soften. Visit the Altus Group stock page for company and share information.
Recent earnings trend
Altus Group Limited
AIF.TO
AIF.TO
Altus Group Limited
WealthAwesomeMarket cap
$1.79B
Div. yield
1.19%
Div. / share
$0.60
52W high
$56.63
52W low
$36.60
1W change
+3.99%
Beta
0.81
Analyst Price Targets
Based on analyst covering AIF · as of Oct 22, 2026
Wall Street analysts forecast AIF stock price to rise 2.7% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$53.85
+2.7% Upside
Previously C$53.02 on Sep 17, 2026
Current Price
C$52.44
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 AIF's historical volatility
30-Day Vol
30.4%
Annualized
90-Day Vol
41.9%
Annualized
Trend (90d)
+0.1%
Annualized drift
90d Mean
C$52.46
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$52.45 | C$47.23 – C$58.24 |
| 60 trading days | C$52.45 | C$45.23 – C$60.83 |
| 90 trading days | C$52.46 | C$43.75 – C$62.89 |
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: 3 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | — | 0.6600 | — |
| 2026-06-30 | 2026-08-06 | 0.5300 | 0.5100 | +3.9% |
| 2026-03-31 | 2026-05-07 | 0.4200 | 0.4000 | +5.0% |
| 2025-12-31 | 2026-02-19 | 0.6700 | 0.5800 | +15.5% |
| 2025-09-30 | 2025-11-06 | 0.3800 | 0.4500 | -15.6% |
| 2025-06-30 | 2025-08-07 | 0.5000 | 0.3500 | +42.9% |
Investor takeaway: The EPS outlook is positive, but the revenue picture is less certain. Altus beat EPS estimates in three of its last four reported quarters, including the June 2026 quarter, when it reported C$0.53 against an estimate of C$0.51. The September-quarter EPS consensus has risen over the past month, even though all three recorded revisions were downward. Revenue is also expected to fall year over year. Investors should look at how revenue and margins support earnings, rather than focusing only on whether Altus beats the EPS estimate.
C$0.57
That’s the current EPS consensus for the quarter ended September 30, 2026, based on estimates from three analysts. It’s up from C$0.38 a year earlier. But with revenue expected to decline, investors will also be watching margins and what’s driving earnings.
Bull case
The C$0.57 EPS consensus implies 49.6% growth from a year earlier, and the estimate is higher than it was 30 days ago. Altus has also beaten estimates in three of its last four reported quarters. The company is shifting toward recurring software revenue, and its property-market intelligence remains useful to developers and others in real estate. If resilient margins and recurring revenue support earnings growth, the results could show that Altus can increase profits despite a weaker revenue comparison.
Bear case
Analysts expect revenue to fall 13.6% year over year, raising the question of whether earnings can grow without sales growth. Altus’s recent record isn’t perfect: in the September 2025 quarter, it reported EPS of C$0.38, below the C$0.45 estimate. The supplied fundamentals snapshot also shows negative trailing-twelve-month EPS of C$0.31 and a profit margin of -4.62%. That makes the quality and staying power of quarterly earnings just as important as the headline EPS comparison.
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