Ceco Environmental Corp Expected To Post Earnings Of 5 Cents A Share: Earnings Preview

CECO Environmental

06/05/2022 19:37

* CECO Environmental Corp  CECE.OQ   CECE.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The Dallas Texas-based  company is expected to report  a
15.2% increase in revenue to $82.826 million from $71.89 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CECO Environmental
Corp
is for earnings of 5 cents per share. For the same quarter last
year, the company reported earnings of 9 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $10​, above​ its last closing price
of $4.43. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021              0.08       0.10      Beat    20.5
 Sep. 30 2021  0.09        0.11       0.01      Missed  -90.6
 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.        0.11        0.11       0.16      Beat    52.4
 31 2020                                                
 Sep. 30 2020  0.11        0.11       0.11      Met     -1.3​
 Jun. 30 2020  0.08        0.08       0.14      Beat    75
 Mar. 31 2020  0.10        0.10       0.15      Beat    44.2
 This summary was machine generated May 6 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated