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

Finning International

06/02/2023 23:46

* Finning International Inc  FTT.TO  reported quarterly
adjusted
earnings of 89 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 82 cents per share.
    * Revenue rose 33.5% to C$2.37 billion from a year ago;
analysts
expected C$2.13 billion. 
    * Finning International Inc's reported EPS for the quarter
was 89
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Finning International Inc shares had risen by 10.7% this
quarter.
    * The company reported quarterly net income of C$136
million.
    * Wall Street's median 12-month price target for Finning
International Inc is C$42.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 11:46 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.82           0.89           Beat
 Sep. 30 2022      0.73           0.97           Beat
 Jun. 30 2022      0.66           0.80           Beat
 Mar. 31 2022      0.50           0.59           Beat