Canadian Tire Corporation Ltd expected to post earnings of C$7.45 a share - Earnings Preview

Canadian Tire

14/02/2023 14:52

* Canadian Tire Corporation Ltd  CTCa.TO   is expected
to show a
rise in quarterly revenue when it reports  results on February
16. 
    * The Toronto Ontario-based  company is expected to report 
a
1.3% increase in revenue to C$5.206 billion from C$5.14 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Canadian Tire
Corporation
Ltd is for earnings of C$7.45 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Canadian
Tire
Corporation Ltd is C$183​, above​ its last closing price
of C$163.80. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  3.88        3.92       3.34      Missed  -14.8
 Jun. 30 2022  3.62        3.61       3.11      Missed  -13.9
 Mar. 31 2022  1.69        1.74       3.06      Beat    75.7​
 Dec. 31 2021  6.70        6.70       8.42      Beat    25.7
 ​​Sep.        4.34        4.30       4.20      Missed  -2.3
 30 2021                                                
 Jun. 30 2021  2.84        2.88       3.72      Beat    29.4​
 Mar. 31 2021  0.62        0.62       2.57      Beat    312.9
 Dec. 31 2020  6.72        6.69       8.40      Beat    25.5
 This summary was machine generated February 14 at 14:52 GMT. 
All figures in Canadian dollars  unless otherwise stated