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

Finning International

09/05/2023 03:11

* Finning International Inc  FTT.TO  reported quarterly
adjusted
earnings of 89 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 70 cents per share.
    * Revenue rose 21.9% to C$2.38 billion from a year ago;
analysts
expected C$1.94 billion. 
    * Finning International Inc's reported EPS for the quarter
was 89
cents​.
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Finning International Inc shares had risen by 1.9% this
quarter and gained 2.0% so far this year.
    * The company reported quarterly net income of C$134
million.
    * Wall Street's median 12-month price target for Finning
International Inc is C$43.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 02:11 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.70           0.89           Beat
 Dec. 31 2022      0.82           0.89           Beat
 Sep. 30 2022      0.73           0.97           Beat
 Jun. 30 2022      0.66           0.80           Beat