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ECN Capital Corp ECNNF

Primary Symbol: T.ECN Alternate Symbol(s): ECNCF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

Financial Services

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.

TSX:ECN - Post by User

ECN Capital Corp > Q2 results

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Comment by Possibleidiot01on Aug 10, 2024 8:10pm

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Post# 36173102

RE:Q2 results

The first two quarters have delivered as planned. We are reaffirming our full year 2024 guidance of $0.10-$0.16.”

Originations up year over year.

Blueswin wrote: Well if not positive they kind of matched what was expected :

adjusted operating EPS to common of .03 compared to guidance range of .02 to .04 • Reiterating 2024 guidance of .10 to .16.

If they can keep on building every some confidence will come back for investors.