Finning International Inc expected to post earnings of 70  cents a share - Earnings Preview

Finning International

06/05/2023 03:04

* Finning International Inc  FTT.TO   is expected to show a
fall
in quarterly revenue when it reports  results on May 8. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 0.8% decrease in revenue to C$1.937 billion from
C$1.95 billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Finning
International Inc
is for earnings of 70 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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$43​, above​ its last closing price
of C$34.32. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.82        0.82       0.89      Beat    9.1
 Sep. 30 2022  0.75        0.73       0.97      Beat    32.7
 Jun. 30 2022  0.68        0.66       0.80      Beat    21​
 Mar. 31 2022  0.51        0.50       0.59      Beat    18
 ​​Dec.        0.54        0.53       0.66      Beat    24.5
 31 2021                                                
 Sep. 30 2021  0.55        0.55       0.61      Beat    10​
 Jun. 30 2021  0.45        0.45       0.56      Beat    24.8
 Mar. 31 2021  0.35        0.36       0.35      Missed  -2.1
 This summary was machine generated May 6 at 02:04 GMT.  All
figures in Canadian dollars  unless otherwise stated