CCL Industries Inc expected to post earnings of 88 cents a share - Earnings Preview

CCL Industries

20/02/2024 03:15

* CCL Industries Inc  CCLb.TO   is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The North York Ontario-based  company is expected to
report a
3.8% increase in revenue to C$1.648 billion from C$1.59 billion
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CCL Industries Inc is
for
earnings of 88 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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$72.50​, above​ its last closing price of C$58.38. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.97        0.97       0.94      Missed  -2.9
 Jun. 30 2023  0.89        0.89       0.88      Missed  -1.1
 Mar. 31 2023  0.84        0.84       0.93      Beat    11.1​
 Dec. 31 2022  0.82        0.85       0.83      Missed  -2.1
 ​​Sep.        0.94        0.94       0.92      Missed  -2.1
 30 2022                                                
 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. 31 2021  0.77        0.78       0.81      Beat    4.5
 This summary was machine generated February 20 at 03:15 GMT. 
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)