CCL Industries Inc expected to post earnings of 86  cents a share - Earnings Preview

CCL Industries

09/08/2022 03:18

* CCL Industries Inc  CCLb.TO   is expected to show a rise
in
quarterly revenue when it reports  results on August 10. 
    * The North York Ontario-based  company is expected to
report  a
10.1% increase in revenue to C$1.548 billion from C$1.41 billion
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CCL Industries Inc
is for
earnings of 86 cents per share. For the same quarter last year,
the company reported earnings of 89 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for CCL
Industries
Inc is C$79​, above​ its last closing price of C$63.44. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.75        0.76       0.84      Beat    11.3
 Dec. 31 2022  0.77        0.78       0.81      Beat    4.5
 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.        0.75        0.75       0.82      Beat    9.5
 31 2021                                                
 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
 This summary was machine generated August 9 at 02:18 GMT.  All
figures in Canadian dollars  unless otherwise stated