Ceco Environmental Corp Expected To Post Earnings Of 16 Cents A Share: Earnings Preview

CECO Environmental

03/03/2023 16:02

* CECO Environmental Corp  CECO.OQ   CECO.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 6. 
    * The Dallas Texas-based  company is expected to report  a
12.3% increase in revenue to $105.097 million from $93.59
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
November 7 2022, for the period ended December 31, was for
revenue of $100.000 million.
    * ​Refinitiv's mean analyst estimate for CECO Environmental
Corp
is for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CECO
Environmental Corp is $16​, above​ its last closing price
of $15.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.12        0.11       0.20      Beat    81.2
 Jun. 30 2022  0.10        0.09       0.18      Beat    96.7
 Mar. 31 2022  0.05        0.05       0.14      Beat    167.5​
 Dec. 31 2021              0.08       0.10      Beat    20.5
 ​​Sep.        0.09        0.11       0.01      Missed  -90.6
 30 2021                                                
 Jun. 30 2021  0.09        0.09       0.09      Met     2.9​
 Mar. 31 2021  0.09        0.09       0.09      Met     -2.7
 Dec. 31 2020  0.11        0.11       0.16      Beat    52.4
 This summary was machine generated March 3 at 16:02 GMT.  All
figures in US dollars  unless otherwise stated