TSX:GSYConsumer Finance
Assessing Goeasy’s Valuation After Credit Loss Shock And Capital Return Suspension
goeasy (TSX:GSY) is back on investors’ radar after the company flagged a sizeable credit loss tied to its LendCare business, withdrew its financial outlook, and suspended both its dividend and share repurchases.
See our latest analysis for goeasy.
The recent credit loss disclosure, withdrawn guidance, and suspended capital returns have been met with a sharp reset in expectations. The 1 day share price return of about 57% and 30 day share price return of about 62% declines have contributed to...