CCL Industries Inc expected to post earnings of 87 cents a share - Earnings Preview

CCL Industries

09/11/2021 03:02

* CCL Industries Inc  CCLb.TO   is expected to show a rise in
quarterly revenue when it reports  results on November 10. 
* The North York, Ontario-based company is expected to report  a
4.4% increase in revenue to C$1.434 billion from C$1.37 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 87 cents per share. For the same quarter last
year, the company reported earnings of 93 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"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$82​, about 14% above​ its last closing price
of C$70.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in Canadian dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.77        0.77       0.89      Beat    16.2
 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.        0.47        0.46       0.59      Beat    27.9
 30 2020                                                
 Mar. 31 2020  0.62        0.64       0.71      Beat    11.4​
 Dec. 31 2019  0.67        0.67       0.67      Met     -0.2
 Sep. 30 2019  0.72        0.71       0.72      Beat    1.4
 This summary was machine generated November 9 at 03:02 GMT.  All
figures in Canadian dollars unless otherwise stated