Tuesday, August 15, 2006

RBC CM Preview of Scotiabank Q3 2006 Earnings

RBC Capital Markets, 15 August 2006Q3/06 Preview - Expected In-Line, But with Improved QualityBank of Nova Scotia reports third quarter earnings on August 29. We are looking for cash EPS of $0.87, which is 1� above the Thomson First Call mean estimate of $0.86. This implies a growth rate of 13% year over year and 1% quarter over quarter.We are factoring revenue growth at 8% year over year,

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