Finning International Inc reports results for the quarter ended June 30 - Earnings Summary

Finning International

06/08/2025 01:14

Finning International Inc FTT.TO reported quarterly adjusted earnings of C$1.01​​ per share for the quarter ended June 30, identical to the same quarter last year.  The mean expectation of nine analysts for the quarter was for earnings of C$1.09 per share. Wall Street expected results to range from C$1.01  to C$1.22 per share.

Revenue fell 10.7% to C$2.61 billion from a year ago; analysts expected C$2.74 billion.

Finning International Inc's reported EPS for the quarter was 94 cents​.

The company reported quarterly net income of C$283 million.

Finning International Inc shares had risen by 3.6% this quarter and gained 58.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 10.6% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "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$62.00, about 0.6% above its last closing price of C$61.64

This summary was machine generated from LSEG data August 6 at 12:13 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
Jun. 30 2025
1.09
1.01
Missed
Mar. 31 2025
0.86
0.99
Beat
Dec. 31 2024
0.87
1.02
Beat
Sep. 30 2024
1.04
0.74
Missed