Finning International Inc expected to post earnings of C$1.00 a share - Earnings Preview

Finning International

04/11/2023 03:02

* Finning International Inc  FTT.TO   is expected to show a
rise
in quarterly revenue when it reports  results on November 6. 
    * The Vancouver British Columbia-based  company is expected
to
report  a 16.5% increase in revenue to C$2.456 billion from
C$2.11 billion a year ago, according to the mean estimate from 8
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Finning
International Inc
is for earnings of C$1.00 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$51​, above​ its last closing price
of C$38.80. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2022  0.75        0.73       0.97      Beat    32.7
 ​​Jun.        0.68        0.66       0.80      Beat    21
 30 2022                                                
 Mar. 31 2022  0.51        0.50       0.59      Beat    18​
 Dec. 31 2021  0.54        0.53       0.66      Beat    24.5
 Sep. 30 2021  0.55        0.55       0.61      Beat    10
 This summary was machine generated November 4 at 03:01 GMT.  All
figures in Canadian dollars  unless otherwise stated