Finning International Inc expected to post earnings of 66  cents a share - Earnings Preview

Finning International

30/07/2022 01:13

* Finning International Inc  FTT.TO   is expected to show a
rise
in quarterly revenue when it reports  results on August 2. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 12.2% increase in revenue to C$1.913 billion from
C$1.71 billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Finning
International Inc
is for earnings of 66 cents per share. For the same quarter last
year, the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 Finning
International Inc is C$39.5​, above​ its last closing price
of C$28.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.51        0.50       0.59      Beat    18
 Dec. 31 2022  0.54        0.53       0.66      Beat    24.5
 Sep. 30 2021  0.55        0.55       0.61      Beat    10​
 Jun. 30 2021  0.45        0.45       0.56      Beat    24.8
 ​​Mar.        0.35        0.36       0.35      Missed  -2.1
 31 2021                                                
 Dec. 31 2020  0.36        0.37       0.38      Beat    3.3​
 Sep. 30 2020  0.24        0.24       0.37      Beat    51.5
 Jun. 30 2020  0.20        0.20       0.06      Missed  -70
 This summary was machine generated July 30 at 00:13 GMT.  All
figures in Canadian dollars  unless otherwise stated