Fairfax Financial Holdings Ltd. (TSX: FFH, FFH.TO) is scheduled to report third-quarter 2026 earnings after the market closes on Tuesday, November 3. The company will discuss its results on a conference call the next morning.
For Canadian investors, the main question is whether earnings can recover after two straight quarterly misses—or whether the latest report extends that streak. The available estimates don’t match: one earnings-calendar field lists consensus EPS of C$39.89, while the trends data gives C$32.14 based on one analyst. Neither figure should be treated as a firm forecast until the difference is clarified.
Recent earnings trend
Fairfax Financial Holdings Ltd
FFH.TO
FFH.TO
Fairfax Financial Holdings Ltd
WealthAwesomeMarket cap
$55.96B
P/E
9.0x
Div. yield
0.60%
Div. / share
$15.00
52W high
$2678.15
52W low
$2066.16
1W change
-0.53%
Beta
0.40
Analyst Price Targets
Based on analyst covering FFH · as of Nov 2, 2026
Wall Street analysts forecast FFH stock price to rise 7.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2679.77
+7.1% Upside
Previously C$2679.37 on Oct 30, 2026
Current Price
C$2501.97
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 FFH's historical volatility
30-Day Vol
21.3%
Annualized
90-Day Vol
21.6%
Annualized
Trend (90d)
+15.5%
Annualized drift
90d Mean
C$2644.24
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2548.22 | C$2367.83 – C$2742.34 |
| 60 trading days | C$2595.78 | C$2339.79 – C$2879.79 |
| 90 trading days | C$2644.24 | C$2328.49 – C$3002.81 |
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 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-03 | — | 39.8900 | — |
| 2026-06-30 | 2026-07-29 | 35.5300 | 42.0600 | -15.5% |
| 2026-03-31 | 2026-04-30 | 31.1100 | 36.4500 | -14.7% |
| 2025-12-31 | 2026-02-19 | 57.5700 | 40.8600 | +40.9% |
| 2025-09-30 | 2025-11-06 | 52.0400 | 44.2900 | +17.5% |
| 2025-06-30 | 2025-07-31 | 61.6100 | 55.2200 | +11.6% |
Investor takeaway: Fairfax has missed estimates in its two most recent quarters. Across the last four comparable quarters, it recorded two beats and two misses. The trends feed’s one-analyst EPS estimate of C$32.14 is 23.8% below year-ago EPS of C$52.04. A separate calendar field lists C$39.89. No revenue consensus is available, so investors will need to assess the reported results and management’s comments without a supplied revenue benchmark. See the FFH stock page for more coverage.
C$32.14: the trends feed’s one-analyst EPS consensus
The trends feed’s C$32.14 estimate is below year-ago EPS of C$52.04. But a separate calendar field lists C$39.89. Since the figures conflict and the trends estimate comes from just one analyst, check which benchmark you’re using when comparing Fairfax’s reported EPS.
Bull case
Fairfax has 94 comparable quarters with actual and estimated EPS, offering a long record to put the latest results in context. Before its two recent misses, the company beat estimates by 40.9% and 17.5%. Its shares also closed above their 50-day and 200-day moving averages. The average analyst target in the supplied data is 7.1% above the last closing price. Stronger underwriting or investment results could help earnings top the cautious year-over-year comparison, but the available data doesn’t show that this will happen.
Bear case
Fairfax missed estimates in each of its two most recent quarters. For the period ended June 30, 2026, EPS was C$35.53 against an estimate of C$42.06. For the period ended March 31, EPS was C$31.11 against C$36.45. The trends feed forecasts a 23.8% year-over-year decline, but that estimate comes from one analyst. There’s also no revenue consensus in the supplied data. These limits make it harder to judge the quarter before Fairfax reports.
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