George Weston Ltd expected to post earnings of C$2.84 a share - Earnings Preview

George Weston

26/02/2024 12:09

* George Weston Ltd  WN.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Toronto Ontario-based  company is expected to report a
3.9% increase in revenue to C$14.694 billion from C$14.14
billion a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for George Weston Ltd is for
earnings of C$2.84 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for George
Weston Ltd
is C$193.00​, above​ its last closing price of C$180.61. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  3.40        3.40       3.36      Missed  -1.1
 Jun. 30 2023  2.76        2.80       2.68      Missed  -4.1
 Mar. 31 2023  2.33        2.30       1.99      Missed  -13.3​
 Dec. 31 2022  2.54        2.53       2.59      Beat    2.3
 ​​Sep.        2.87        2.79       3.12      Beat    11.9
 30 2022                                                
 Jun. 30 2022  2.42        2.29       2.24      Missed  -2.2​
 Mar. 31 2022  1.96        1.97       1.90      Missed  -3.5
 Dec. 31 2021  1.97        1.98       2.32      Beat    17.2
 This summary was machine generated February 26 at 12:09 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)