CCL Industries Inc expected to post earnings of 84  cents a share - Earnings Preview

CCL Industries

09/05/2023 03:08

* CCL Industries Inc  CCLb.TO   is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The North York Ontario-based  company is expected to
report  a
6.4% increase in revenue to C$1.62 billion from C$1.52 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CCL Industries Inc
is for
earnings of 84 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for CCL
Industries
Inc is C$74.5​, above​ its last closing price of C$64.50. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.82        0.85       0.83      Missed  -2.1
 Sep. 30 2022  0.94        0.94       0.92      Missed  -2.1
 Jun. 30 2022  0.86        0.86       0.94      Beat    8.9​
 Mar. 31 2022  0.75        0.76       0.84      Beat    11.3
 ​​Dec.        0.77        0.78       0.81      Beat    4.5
 31 2021                                                
 Sep. 30 2021  0.87        0.87       0.84      Missed  -3.3​
 Jun. 30 2021  0.77        0.77       0.89      Beat    16.2
 Mar. 31 2021  0.75        0.75       0.82      Beat    9.5
 This summary was machine generated May 9 at 02:08 GMT.  All
figures in Canadian dollars  unless otherwise stated