Ceco Environmental Corp Expected To Post Earnings Of 24 Cents A Share: Earnings Preview

CECO Environmental

01/03/2024 13:53

* CECO Environmental Corp  CECO.OQ   CECO.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 5
for the period ending December 31 2023
    * The Dallas Texas-based  company is expected to report a
26.0% increase in revenue to $146.614 million from $116.4
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CECO Environmental Corp
is for
earnings of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $23.00​, above​ its last closing price
of $22.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.18        0.18       0.22      Beat    21.8
 Jun. 30 2023  0.16        0.15       0.15      Met     -2.2
 Mar. 31 2023  0.09        0.09       0.10      Beat    8.7​
 Dec. 31 2022  0.17        0.16       0.21      Beat    34.1
 ​​Sep.        0.12        0.11       0.20      Beat    81.2
 30 2022                                                
 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
 This summary was machine generated March 1 at 13:53 GMT.  All
figures in US 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)