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Company News

TD Bank quarterly earnings beat market expectations

TORONTO, March 1 (Reuters) - Toronto-Dominion Bank on Thursday reported first-quarter results which were ahead of market expectations, helped by a strong performance in the United States and Canada.

Canada’s second biggest bank by market value said earnings per share, excluding one-off items, rose to C$1.56 in the quarter to Jan. 31 from C$1.33 a year earlier.

Analysts had on average forecast earnings of C$1.46, Thomson Reuters I/B/E/S data showed. (Reporting by Matt Scuffham; editing by Jason Neely)

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