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CTC.A — Canadian Tire News Story

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Canadian Tire Corporation Ltd reports results for the quarter ended June 30 - Earnings Summary

Canadian Tire Corporation Ltd CTCa.TO reported quarterly adjusted earnings of C$3.57​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$3.56.  The mean expectation of nine analysts for the quarter was for earnings of C$3.91 per share. Wall Street expected results to range from C$3.61  to C$4.12 per share.

Revenue rose 1.7% to C$4.20 billion from a year ago; analysts expected C$4.09 billion.

Canadian Tire Corporation Ltd's reported EPS for the quarter was C$2.04​.

The company reported quarterly net income of C$132.2 million.

Canadian Tire Corporation Ltd shares had fallen by 0.2% this quarter and gained 22.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is  "buy."

Wall Street's median 12-month price target for Canadian Tire Corporation Ltd is C$181.00, about 2.3% below its last closing price of C$185.11

This summary was machine generated from LSEG data August 7 at 04:29 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.913.57Missed
Mar. 31 20251.262.00Beat
Dec. 31 20244.274.07Missed
Sep. 30 20243.023.59Beat

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