TSX:IFCInsurance
Intact Financial (TSX:IFC) Margin Expansion Reinforces Bullish Narrative Despite Forecast Earnings Decline
Intact Financial (TSX:IFC) posted a 44.4% jump in earnings over the past year, with profit margins rising to 10% from 6.8% twelve months ago. While the company averaged earnings growth of 9.2% per year over the past five years, revenues and earnings are now expected to decline by 3.1% and 1.8% per year over the next three years. This leaves investors weighing robust historical results against a more cautious outlook.
See our full analysis for Intact Financial.
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