Finning International Inc expected to post earnings of 87 cents a share - Earnings Preview

Finning International

31/01/2025 21:02

* Finning International Inc  FTT.TO   is expected to show a
rise
in quarterly revenue when it reports  results on February 4 for
the period ending December 31 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 3.5% increase in revenue to C$2.488 billion from C$2.4
billion a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Finning International
Inc is
for earnings of 87 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Finning
International Inc is C$47.00​, above​ its last closing price
of C$38.82. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.05        1.04       0.74      Missed  -28.8
 Jun. 30 2024  0.98        1.00       1.01      Beat    1.4
 Mar. 31 2024  0.86        0.86       0.84      Missed  -2.1​
 Dec. 31 2023  0.97        0.97       0.59      Missed  -39.1
 ​​Sep.        1.02        1.00       1.06      Beat    5.5
 30 2023                                                
 Jun. 30 2023  0.94        0.93       1.00      Beat    7.1​
 Mar. 31 2023  0.71        0.70       0.89      Beat    26.7
 Dec. 31 2022  0.82        0.82       0.89      Beat    9.1
 This summary was machine generated January 31 at 21:02 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)