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

CCL Industries

10/11/2022 02:46

* CCL Industries Inc  CCLb.TO  reported quarterly adjusted
earnings of 92 cents​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 94 cents per share.
    * Revenue rose 11.4% to C$1.66 billion from a year ago;
analysts
expected C$1.62 billion. 
    * CCL Industries Inc's reported EPS for the quarter was 92
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * CCL Industries Inc shares had fallen by 6.8% this
quarter and
lost 8.0% so far this year.
    * The company reported quarterly net income of C$163.9
million.
    * Wall Street's median 12-month price target for CCL
Industries
Inc is C$79.50 
    * 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 November
10 at 02:46 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.94           0.92           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