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

CCL Industries

11/05/2023 04:05

* CCL Industries Inc  CCLb.TO  reported quarterly adjusted
earnings of 93 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 84 cents per share.
    * Revenue rose 8.6% to C$1.65 billion from a year ago;
analysts
expected C$1.62 billion. 
    * CCL Industries Inc's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * CCL Industries Inc shares had fallen by 3.2% this
quarter and
gained 12.3% so far this year.
    * The company reported quarterly net income of C$166.4
million.
    * Wall Street's median 12-month price target for CCL
Industries
Inc is C$74.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 03:05 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.84           0.93           Beat
 Dec. 31 2022      0.85           0.83           Missed
 Sep. 30 2022      0.94           0.92           Missed
 Jun. 30 2022      0.86           0.94           Beat