George Weston Ltd expected to post earnings of C$2.79 a share - Earnings Preview

George Weston

28/07/2023 14:20

* George Weston Ltd  WN.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 1. 
    * The Toronto Ontario-based  company is expected to report 
a
6.7% increase in revenue to C$13.853 billion from C$12.98
billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for George Weston Ltd
is for
earnings of C$2.79 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months. ​
    * Wall Street's median 12-month price target for George
Weston Ltd
is C$193​, above​ its last closing price of C$152.80. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.33        2.30       1.99      Missed  -13.3
 Dec. 31 2023  2.54        2.53       2.59      Beat    2.3
 Sep. 30 2022  2.87        2.79       3.12      Beat    11.9​
 Jun. 30 2022  2.42        2.29       2.24      Missed  -2.2
 ​​Mar.        1.96        1.97       1.90      Missed  -3.5
 31 2022                                                
 Dec. 31 2021  1.97        1.98       2.32      Beat    17.2​
 Sep. 30 2021  2.21        2.22       2.43      Beat    9.5
 Jun. 30 2021  2.02        1.87       1.78      Missed  -4.9
 This summary was machine generated July 28 at 13:20 GMT.  All
figures in Canadian dollars  unless otherwise stated