Finning International Inc expected to post earnings of C$1.04 a share - Earnings Preview

Finning International

08/11/2024 21:42

* Finning International Inc  FTT.TO   is expected to show a
fall
in quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Vancouver British Columbia-based  company is expected
to
report a 5.5% decrease in revenue to C$2.557 billion from C$2.7
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 C$1.04 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Finning
International Inc is C$50.00​, above​ its last closing price
of C$41.80. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.98        1.00       1.01      Beat    1.4
 Jan. 1 2024   0.86        0.86       0.84      Missed  -2.1
 Dec. 31 2023  0.97        0.97       0.59      Missed  -39.1​
 Jan. 1 0001   1.02        1.00       1.06      Beat    5.5
 ​​Jun.        0.94        0.93       1.00      Beat    7.1
 30 2023                                                
 Jan. 1 0001   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
 This summary was machine generated November 8 at 21:42 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)