Overview

* ECN Capital ( ECNCF ) Q2 adjusted EPS misses analyst expectations, per LSEG data

* Adjusted net income and EBITDA for Q2 miss estimates, per LSEG data

* Co revises RV and Marine guidance downward due to industry headwinds

Outlook

* ECN Capital ( ECNCF ) tightens 2025 EPS guidance to $0.18-$0.23 from $0.19-$0.25

* Company narrows RV and Marine guidance to $14-$18 mln from $16-$26 mln

* ECN Capital ( ECNCF ) aims for growth in 2H 2025 and 2026 amid industry headwinds

Result Drivers

* ORIGINATIONS INCREASE - Total originations rose to $804.1 mln from $538.2 mln in previous qtr

* MANUFACTURED HOUSING - Growth driven by increased chattel originations, per CEO Steven Hudson

* RV AND MARINE CHALLENGES - Segment impacted by industry headwinds and delayed asset sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $0.04 $0.05 (3

Adjusted Analysts

EPS )

Q2 Miss $10 mln $18 mln

Adjusted (1

Net Analyst)

Income

Q2 Net -$300,00

Income 0

Q2 Miss $31.50 $35.70

Adjusted mln mln (2

EBITDA Analysts

)

Q2 $30.70

Operatin mln

g

Expenses

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the corporate financial services peer group is "buy"

* Wall Street's median 12-month price target for ECN Capital Corp ( ECNCF ) is C$3.50, about 11.1% above its August 6 closing price of C$3.11

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)