CCL Industries Inc reports results for the quarter ended in June - Earnings Summary

CCL Industries

11/08/2022 24:36

* CCL Industries Inc  CCLb.TO  reported quarterly adjusted
earnings of 94 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 86 cents per share.
    * Revenue rose 14.9% to C$1.62 billion from a year ago;
analysts
expected C$1.55 billion. 
    * CCL Industries Inc's reported EPS for the quarter was 91
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * CCL Industries Inc shares had risen by 1.9% this
quarter and
lost 8.6% so far this year.
    * The company reported quarterly net income of C$163.4
million.
    * Wall Street's median 12-month price target for CCL
Industries
Inc is C$79.00 
    * 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." 

This summary was machine generated from Refinitiv data August 10
at 11:36 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.86           0.94           Beat
 Mar. 31 2022      0.76           0.84           Beat
 Dec. 31 2021      0.78           0.81           Beat
 Sep. 30 2021      0.87           0.84           Missed