CCL Industries Inc reports results for the quarter ended September 30 - Earnings Summary

CCL Industries

14/11/2024 03:52

* CCL Industries Inc  CCLb.TO  reported quarterly adjusted
earnings of C$1.07​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 94 cents.  The mean expectation of ten analysts
for the quarter was for earnings of C$1.10 per share. Wall
Street expected results to range from $1.02  to C$1.14 per
share.
    * Revenue rose 9.4% to $1.85 billion from a year ago;
analysts
expected $1.83 billion. 
    * CCL Industries Inc's reported EPS for the quarter was
C$1.07​.
    * The company reported quarterly net income of C$191.7
million.
    * CCL Industries Inc shares had fallen by 0.1% this
quarter and
gained 38.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-paper
containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for CCL Industries
Inc is 88.50 
This summary was machine generated from LSEG data November 14 at
03:52 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.10           1.07           Missed
 Jun. 30 2024      1.03           1.55           Beat
 Mar. 31 2024      1.01           1.07           Beat
 Dec. 31 2023      0.88           0.74           Missed