George Weston Ltd expected to post earnings of C$2.64 a share - Earnings Preview

George Weston

26/07/2024 13:37

* George Weston Ltd  WN.TO   is expected to show a rise in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
3.0% increase in revenue to C$14.297 billion from C$13.88
billion a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for George Weston Ltd is for
earnings of C$2.64 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months. ​
    * Wall Street's median 12-month price target for George
Weston Ltd
is C$221.00​, above​ its last closing price of C$213.58. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.39        2.28       2.30      Beat    1.1
 Dec. 31 2024  2.83        2.85       2.51      Missed  -11.9
 Sep. 30 2023  3.40        3.40       3.36      Missed  -1.1​
 Jan. 1 0001   2.76        2.80       2.68      Missed  -4.1
 ​​Mar.        2.33        2.30       1.99      Missed  -13.3
 31 2023                                                
 Dec. 31 2022  2.54        2.53       2.59      Beat    2.3​
 Sep. 30 2022  2.87        2.79       3.12      Beat    11.9
 Jan. 1 0001   2.42        2.29       2.24      Missed  -2.2
 This summary was machine generated July 26 at 12:37 GMT.  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)