TVA Group is expected to report a loss for the September quarter, though its recent comparable results have often topped estimates.
TVA Group Inc. (TSX: TVA-B) is scheduled to report earnings after markets close on October 29, 2026. The quarter ended September 30. The earnings calendar does not list EPS estimates, but a separate consensus feed forecasts a loss of C$0.13 per share and revenue of C$468.9 million. Both estimates come from one analyst, so they offer only a limited view of expectations. TVA-B has beaten EPS estimates in three of its last four comparable quarters, though results varied widely. Follow the company on the TVA Group stock page as the report approaches.
Recent earnings trend
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TVA Group Inc
TVA-B.TO
TVA-B.TO
TVA Group Inc
WealthAwesomeMarket cap
$85.98M
P/E
1.7x
52W high
$2.95
52W low
$0.47
1W change
-11.11%
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 30.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.50
+30.2% Upside
Current Price
C$1.92
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
67.2%
Annualized
90-Day Vol
83.7%
Annualized
Trend (90d)
-2.2%
Annualized drift
90d Mean
C$1.91
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.92 | C$1.52 – C$2.41 |
| 60 trading days | C$1.91 | C$1.38 – C$2.65 |
| 90 trading days | C$1.91 | C$1.28 – C$2.85 |
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.
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Analyst coverage: 1 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 |
|---|---|---|---|---|
| 2026-03-31 | 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% |
| 2022-09-30 | 2022-10-27 | 0.1800 | 0.1800 | +0.0% |
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Investor takeaway: The October 29 report will show whether TVA Group can continue to beat EPS estimates amid pressure on private broadcasters. The one-analyst forecast calls for a loss of C$0.13 per share, compared with a loss of C$0.26 a year earlier, and revenue of C$468.9 million, down an estimated 5.3%. The EPS estimate has not changed in the past 30 days. Three beats in the last four comparable quarters offer some context, but they don’t guarantee another beat. With only one analyst contributing, treat the estimates as a limited guide, not a firm consensus.
One analyst expects a C$0.13-per-share loss
The only available EPS forecast is a loss of C$0.13 per share for the quarter ended September 30, compared with a loss of C$0.26 a year earlier. The same analyst expects revenue of C$468.9 million, down 5.3% year over year. With just one analyst contributing, these estimates provide a narrow benchmark rather than a broad view of market expectations.
Bull case
TVA Group has recently managed to beat EPS estimates despite pressure on its business. It topped estimates in three of the last four reported quarters with comparable data. In the March 2026 quarter, for example, it reported a loss of C$0.09 per share, compared with an estimated loss of C$0.18.
Supplemental reports also point to stronger year-over-year results in the first half of 2026. Q2 revenue reportedly rose 10.7% to C$143.3 million, while net income attributable to shareholders reached C$13.2 million, compared with a loss a year earlier. These figures provide context, but they don’t replace the September-quarter results. The upcoming report will show whether the improvement continued into the fall.
Bear case
The forecast still points to a loss, with revenue expected to fall 5.3% year over year. TVA Group reported adjusted EBITDA of negative C$1.0 million in Q1 2026, despite a substantial improvement from a year earlier. Its parent company has also warned that private broadcasters continue to face structural pressures.
Investors should look beyond any EPS surprise. Revenue, profitability and management’s comments on operating conditions will help show whether the improvement can last. Recent share-price moves also reflect uncertainty, but they don’t tell us what the earnings report will show.
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