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Will Spartan Delta Corp (SDE) Beat Estimates Again in Its Next Earnings Report?

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Spartan Delta has beaten earnings estimates in two of its last four reported quarters. For its next result, the available consensus is C$0.21 per share.

Spartan Delta Corp (TSX: SDE), also known as SDE.TO, is scheduled to report results after the market closes on November 3, 2026. The results cover the quarter ended September 30. The earnings calendar lists an EPS consensus of C$0.21 from one analyst, up from C$0.03 a year earlier. That’s a sharp increase, but the estimate has fallen from C$0.25 over the past 30 days. Investors will be watching to see whether earnings support that growth and how the results fit with the company’s 2026 guidance. For more details, visit the Spartan Delta stock page.

Recent earnings trend

Spartan Delta Corp

SDE.TO

Full stock page →

SDE.TO

Spartan Delta Corp

Source:WealthAwesomeWealthAwesome
↑ $1.88 (14.89%)
120 day period
$10.83$12.85$14.87May 11Aug 6Oct 30

Market cap

$2.98B

P/E

42.7x

52W high

$15.13

52W low

$6.19

1W change

-2.42%

Beta

0.77

Analyst Price Targets

Based on analyst covering SDE · as of Oct 29, 2026

📈

Wall Street analysts forecast SDE stock price to rise 18.3% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$17.17

+18.3% Upside

Previously C$16.92 on Oct 26, 2026

Current Price

C$14.51

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on SDE's historical volatility

HistoricalForecast68%95%
C$10.26C$14.07C$17.88C$21.69C$25.50C$29.31TodayJun 23Aug 27Oct 30Dec 12Jan 25Mar 9

30-Day Vol

41.4%

Annualized

90-Day Vol

42.7%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$17.35

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$15.40C$13.35 – C$17.76
60 trading daysC$16.34C$13.35 – C$20.00
90 trading daysC$17.35C$13.54 – C$22.22

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 2 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2026-09-302026-11-03—0.0300—
2026-06-302026-07-290.20000.1500+33.3%
2026-03-312026-05-05-0.07000.0500-240.0%
2025-12-312026-02-230.18000.0900+100.0%
2025-09-302025-11-040.03000.0400-25.0%
2025-06-302025-08-060.17000.0900+88.9%
-0.07000.06500.2000 24-0924-1225-0325-0625-0925-1226-0326-06 Estimate Actual (≥0) Actual (<0) Wealth Awesome

Investor takeaway: The outlook is positive, but Spartan’s recent earnings record is mixed. The company beat estimates in June, reporting C$0.20 per share against a C$0.15 estimate, but missed in March 2026 and September 2025. The current C$0.21 consensus comes from one analyst and has been revised down over the past month. The supplied calendar has no revenue consensus, so EPS and management’s comments on guidance will be the main measures to watch.

C$0.21 EPS consensus

The available estimate for the quarter ended September 30 is C$0.21 per share, compared with C$0.03 a year earlier. The calendar shows estimated year-over-year growth of 600%. That figure is based on one analyst, and the estimate has recently fallen from C$0.25.

Bull case

Spartan’s latest reported quarter gives investors a positive reference point. The company earned C$0.20 per share for the period ended June 30, 2026, beating the C$0.15 estimate. A supplied July headline also says Spartan reported second-quarter results and raised its 2026 guidance. If earnings growth continued in the September quarter and management’s outlook remains supportive, the company could meet the C$0.21 consensus. The stock was recently trading above its 50-day and 200-day moving averages, though that trend doesn’t predict the earnings result.

Bear case

The EPS estimate has fallen from C$0.25 to C$0.21 in the past 30 days, and it comes from just one analyst. Spartan’s recent results have been uneven: it beat estimates in June and December 2025, but missed in March 2026 and September 2025. The supplied calendar has no revenue consensus for comparison. A miss, weaker guidance or a change in operating conditions could weigh on expectations, even if EPS growth remains strong year over year.

Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 2, 2026
Last Updated: November 2, 2026

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