Finning International Inc reports results for the quarter ended December 31 - Earnings Summary

Finning International

05/02/2025 24:15

* Finning International Inc  FTT.TO  reported quarterly
adjusted
earnings of C$1.02​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 59 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 87 cents per share. Wall
Street expected results to range from 71 cents to 93 cents per
share.
    * Revenue rose 7.3% to C$2.58 billion from a year ago;
analysts
expected C$2.49 billion. 
    * Finning International Inc's reported EPS for the quarter
was
C$1.02​.
    * The company reported quarterly net income of C$141
million.
    * Finning International Inc shares had fallen by 6.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for Finning
International Inc is C$47.00 
This summary was machine generated from LSEG data February 5 at
12:14 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.87           1.02           Beat
 Sep. 30 2024      1.04           0.74           Missed
 Jun. 30 2024      1.00           1.01           Beat
 Mar. 31 2024      0.86           0.84           Missed