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

CECO Environmental

05/05/2023 17:32

* CECO Environmental Corp  CECO.OQ   CECO.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Dallas Texas-based  company is expected to report  a
15.2% increase in revenue to $106.527 million from $92.44
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CECO Environmental
Corp
is for earnings of 9 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 $20​, above​ its last closing price
of $11.26. ​​​

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 2022  0.17        0.16       0.21      Beat    34.1
 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.                    0.08       0.10      Beat    20.5
 31 2021                                                
 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
 This summary was machine generated May 5 at 16:32 GMT.  All
figures in US dollars  unless otherwise stated