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FTT Finning International News Story

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

* Finning International Inc  FTT.TO  reported quarterly
adjusted
earnings of 97 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 73 cents per share.
    * Revenue rose 25.2% to C$2.38 billion from a year ago;
analysts
expected C$2.02 billion. 
    * Finning International Inc's reported EPS for the quarter
was 97
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Finning International Inc shares had risen by 20.4% this
quarter and lost 8.3% so far this year.
    * The company reported quarterly net income of C$149
million.
    * Wall Street's median 12-month price target for Finning
International Inc is C$39.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 12:22 a.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.73           0.97           Beat
 Jun. 30 2022      0.66           0.80           Beat
 Mar. 31 2022      0.50           0.59           Beat
 Dec. 31 2021      0.53           0.66           Beat

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