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

CCL Industries

12/05/2022 01:00

* CCL Industries Inc  CCLb.TO  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 76 cents per share.
    * Revenue rose 12.8% to C$1.52 billion from a year ago; 
analysts
expected C$1.48 billion. 
    * CCL Industries Inc's reported EPS for the quarter was 83
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * CCL Industries Inc shares had fallen by 3.9% this
quarter and
lost 20.1% so far this year.
    * The company reported quarterly net income of C$150.2
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 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 12 at 12:00 a.m.  ​All
figures in Canadian dollars unless otherwise stated