Exchange Income Future Growth

Future criteria checks 4/6

Exchange Income is forecast to grow earnings and revenue by 26.4% and 9.1% per annum respectively. EPS is expected to grow by 24.7% per annum. Return on equity is forecast to be 15.2% in 3 years.

Key information

26.4%

Earnings growth rate

24.7%

EPS growth rate

Airlines earnings growth	17.6%
Revenue growth rate	9.1%
Future return on equity	15.2%
Analyst coverage	Good
Last updated	11 Nov 2024

Recent future growth updates

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 09

Recent updates

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 09

Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

Jun 15

Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Sep 11

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

Aug 20

With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Jun 10

Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21

May 21

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

May 11

Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?

Apr 02

Is Exchange Income (TSE:EIF) Using Too Much Debt?

Mar 14

Return Trends At Exchange Income (TSE:EIF) Aren't Appealing

Jan 25

Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?

Nov 12

Earnings and Revenue Growth Forecasts

TSX:EIF - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,190	219	304	553	6
12/31/2025	2,993	171	312	508	10
12/31/2024	2,684	131	260	406	9
9/30/2024	2,629	122	-135	386	N/A
6/30/2024	2,607	116	-111	379	N/A
3/31/2024	2,573	120	-104	415	N/A
12/31/2023	2,498	122	-153	353	N/A
9/30/2023	2,385	120	-94	353	N/A
6/30/2023	2,284	120	-67	341	N/A
3/31/2023	2,186	113	-91	299	N/A
12/31/2022	2,059	110	-31	335	N/A
9/30/2022	1,906	106	-95	244	N/A
6/30/2022	1,720	79	-102	238	N/A
3/31/2022	1,513	65	-34	242	N/A
12/31/2021	1,413	69	6	285	N/A
9/30/2021	1,325	59	24	270	N/A
6/30/2021	1,222	54	76	253	N/A
3/31/2021	1,143	40	132	283	N/A
12/31/2020	1,150	28	114	260	N/A
9/30/2020	1,211	40	88	262	N/A
6/30/2020	1,269	52	43	256	N/A
3/31/2020	1,351	71	-6	228	N/A
12/31/2019	1,341	84	-38	217	N/A
9/30/2019	1,294	77	16	252	N/A
6/30/2019	1,247	72	-26	196	N/A
3/31/2019	1,234	70	-40	184	N/A
12/31/2018	1,203	71	-27	165	N/A
9/30/2018	1,152	69	-100	88	N/A
6/30/2018	1,097	69	N/A	127	N/A
3/31/2018	1,056	75	N/A	134	N/A
12/31/2017	1,013	72	N/A	124	N/A
9/30/2017	971	69	N/A	140	N/A
6/30/2017	942	66	N/A	117	N/A
3/31/2017	896	57	N/A	125	N/A
12/31/2016	891	61	N/A	137	N/A
9/30/2016	894	58	N/A	137	N/A
6/30/2016	882	53	N/A	145	N/A
3/31/2016	851	49	N/A	106	N/A
12/31/2015	807	40	N/A	107	N/A
9/30/2015	722	13	N/A	116	N/A
6/30/2015	652	2	N/A	105	N/A
3/31/2015	590	-10	N/A	117	N/A
12/31/2014	543	-12	N/A	100	N/A
9/30/2014	545	9	N/A	58	N/A
6/30/2014	536	10	N/A	23	N/A
3/31/2014	416	9	N/A	-10	N/A
12/31/2013	509	11	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EIF's forecast earnings growth (26.4% per year) is above the savings rate (2.3%).

Earnings vs Market: EIF's earnings (26.4% per year) are forecast to grow faster than the Canadian market (16.6% per year).

High Growth Earnings: EIF's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EIF's revenue (9.1% per year) is forecast to grow faster than the Canadian market (7.2% per year).

High Growth Revenue: EIF's revenue (9.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EIF's Return on Equity is forecast to be low in 3 years time (15.2%).

Exchange Income Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 14%

Recent updates

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Exchange Income Corporation (TSX:EIF) agreed to acquire Spartan Mat, LLC for $120 million.

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividends for the Month Ended October 31, 2024, Payable on November 15, 2024

Exchange Income Corporation to Report Q3, 2024 Results on Nov 07, 2024

New minor risk - Shareholder dilution

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ended September 30, 2024, Payable October 15, 2024

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ended August 31, 2024, Payable September 13, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Quarterly Dividend for July 2024, Payable on August 15, 2024

Exchange Income Corporation to Report Q2, 2024 Results on Aug 08, 2024

New minor risk - Shareholder dilution

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ended June 30, 2024, Payable on July 15, 2024

Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement

We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ended May 31, 2024, Payable June 14, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of CA$0.22 per share

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ending April 30, 2024 Payable on May 15, 2024

Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?

Exchange Income Corporation to Report Q1, 2024 Results on May 07, 2024

Upcoming dividend of CA$0.22 per share

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ending March 31, 2024 Payable on April 15, 2024

Exchange Income Corporation, Annual General Meeting, May 08, 2024

Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down

Full year 2023 earnings: EPS exceeds analyst expectations

Dividend of CA$0.22 announced

Exchange Income Corporation Declares Dividend for the Month Ending February 29, 2024, Payable on March 15, 2024

Upcoming dividend of CA$0.22 per share at 5.8% yield

Dividend of CA$0.22 announced

Exchange Income Corporation to Report Q4, 2023 Results on Feb 22, 2024

Exchange Income Corporation Declares Dividend for the Month Ending January 31, 2024, Payable on February 15, 2024

What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?

Independent Chairman recently bought CA$226k worth of stock

Upcoming dividend of CA$0.22 per share at 5.9% yield

Exchange Income Corporation Announces December 2023 Dividend, Payable on January 15, 2024

Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?

Exchange Income Corporation Declares Dividend for the Month Ending November 30, 2023, Payable on December 15, 2023

Exchange Income Corporation Provides Dividend Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Is Exchange Income (TSE:EIF) A Risky Investment?

Upcoming dividend of CA$0.21 per share at 5.8% yield

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21

Exchange Income Corporation Announces Dividend October 2023, Payable November 15, 2023

Exchange Income Corporation to Report Q3, 2023 Results on Nov 09, 2023

Returns On Capital At Exchange Income (TSE:EIF) Have Stalled

Exchange Income Corporation (TSX:EIF) acquired Dryair Manufacturing Corp. for CAD 60 million.

Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21

Upcoming dividend of CA$0.21 per share at 5.4% yield

Exchange Income Corporation Declares September 2023 Dividend, Payable on October 13, 2023

Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today

Upcoming dividend of CA$0.21 per share at 5.3% yield

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21

Exchange Income Corporation Announces Dividend for August 2023, Payable September 15, 2023

Consensus EPS estimates fall by 11%

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of CA$0.21 per share at 4.8% yield

Exchange Income Corporation Declares Dividends for the Month Ended July 31, 2023 Payable August 15, 2023

Exchange Income Corporation to Report Q2, 2023 Results on Aug 10, 2023

Independent Director recently bought CA$3.0m worth of stock

Exchange Income Corporation Declares Dividend for the Month Ended June 30, 2023 , Payable July 14, 2023

Exchange Income Corporation has completed a Follow-on Equity Offering in the amount of CAD 150.21875 million.

With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case

Upcoming dividend of CA$0.21 per share at 4.6% yield