Ceco Environmental Corp Expected To Post Earnings Of 9 Cents A Share: Earnings Preview

CECO Environmental

04/05/2021 15:04

* CECO Environmental Corp  CECE.OQ   CECE.O  is expected to show
a fall in quarterly revenue when it reports results on May 6.
* The Dallas, Texas-based company is expected to report  a
8.6% decrease in revenue to $73.564 million from $80.49 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for CECO Environmental Corp
is for earnings of 9 cents per share. For the same quarter last
year, the company reported earnings of 15 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "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 $10.5​, about 28.3% above​ its last
closing price of $7.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.11        0.11       0.16      Beat    52.4
 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
 Dec.          0.14​       0.14       0.27      Beat    86.5​
 31​ 2019​                                              
 Sep. 30 2019  0.13        0.13       0.12      Missed  -5.4​
 Jun. 30 2019  0.11        0.12       0.08      Missed  -30.4
 Mar. 31 2019  0.08        0.07       0.12      Beat    77.8
 This summary was machine generated May 4 at 14:04 GMT.  All
figures in US dollars unless otherwise stated