Earnings Reports Overview: Several companies, including Toronto Dominion Bank, Bank of Montreal, and Kroger, are set to report earnings on December 4, 2025, with varying forecasts indicating increases in earnings per share compared to the previous year.
Performance Expectations: Toronto Dominion Bank is expected to see a 15.87% increase in earnings per share, while Bank of Montreal anticipates a significant 55.40% increase, despite both having missed previous earnings expectations.
Industry Comparisons: Most companies reporting, such as Canadian Imperial Bank of Commerce and Dollar General, are projected to have higher Price to Earnings ratios than their industry averages, suggesting potential for greater earnings growth.
Mixed Results: Some companies, like Hormel Foods and Hovnanian Enterprises, are facing declines in earnings per share forecasts, with Hovnanian expected to see a drastic 95.07% decrease compared to the same quarter last year.
Hovnanian Enterprises, Inc., through its subsidiaries, conducts all of its homebuilding and financial services operations. It has two distinct operations: homebuilding and financial services. The Homebuilding segment consists of three segments: Northeast (Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia); Southeast (Florida, Georgia and South Carolina), and West (Arizona, California and Texas). The Homebuilding segments are engaged in the sale and construction of single-family attached and detached homes, attached town homes and condominiums, urban infill and active lifestyle homes in planned residential developments. It also includes sales of land. The Financial services segment provides mortgage banking and title services to homebuilding operations customers. Its financial services subsidiaries sell the mortgages and related servicing rights to investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.