Finning International Inc expected to post earnings of 93  cents a share - Earnings Preview

Finning International

05/08/2023 02:27

* Finning International Inc  FTT.TO   is expected to show a
rise
in quarterly revenue when it reports  results on August 8. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 0.9% increase in revenue to C$2.311 billion from
C$2.29 billion a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Finning
International Inc
is for earnings of 93 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$47​, above​ its last closing price
of C$45.89. ​​​

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 2023  0.71        0.70       0.89      Beat    26.7
 Dec. 31 2023  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.        0.51        0.50       0.59      Beat    18
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated August 5 at 01:27 GMT.  All
figures in Canadian dollars  unless otherwise stated