Canadian Tire Corporation Ltd reports results for the quarter ended March 31 - Earnings Summary

Canadian Tire

08/05/2025 14:32

Canadian Tire Corporation Ltd CTCa.TO reported quarterly adjusted earnings of C$2.00​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of C$1.38.  The mean expectation of nine analysts for the quarter was for earnings of C$1.22 per share. Wall Street expected results to range from 95 cents to C$1.49 per share.

Revenue fell 1.9% to C$3.46 billion from a year ago; analysts expected C$3.56 billion.

Canadian Tire Corporation Ltd's reported EPS for the quarter was 67 cents​.

The company reported quarterly net income of C$37.2 million.

Canadian Tire Corporation Ltd shares had risen by 2.5% this quarter and gained 1.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 16.9% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the department stores peer group is also "hold"

Wall Street's median 12-month price target for Canadian Tire Corporation Ltd is C$156.00

This summary was machine generated from LSEG data May 8 at 01:32 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.22
2.00
Beat
Dec. 31 2024
4.27
4.07
Missed
Sep. 30 2024
3.02
3.59
Beat
Jun. 30 2024
2.42
3.56
Beat