CCL Industries Inc expected to post earnings of 77 cents a share - Earnings Preview

CCL Industries

04/08/2021 03:06

* CCL Industries Inc  CCLb.TO   CCLb.TO  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The North York, Ontario-based company is expected to report 
 a 10.9% increase in revenue to C$1.355 billion from C$1.22
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for CCL Industries Inc is
for earnings of 77 cents per share. For the same quarter last
year, the company reported earnings of 59 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "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 CCL Industries
Inc is C$79​, about 9.7% above​ its last closing price
of C$71.31. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.75        0.75       0.82      Beat    9.5
 Dec. 31 2020  0.73        0.73       0.84      Beat    15.3
 Sep. 30 2020  0.67        0.68       0.93      Beat    37.4​
 Jun. 30 2020  0.47        0.46       0.59      Beat    27.9
 Mar.          0.62​       0.64       0.71      Beat    11.4​
 31​ 2020​                                              
 Dec. 31 2019  0.67        0.67       0.67      Met     -0.2​
 Sep. 30 2019  0.72        0.71       0.72      Missed  1.4
 Jun. 30 2019  0.78        0.76       0.52      Missed  -9.7
 This summary was machine generated August 4 at 02:06 GMT.  All
figures in Canadian dollars unless otherwise stated