George Weston Ltd reports results for the quarter ended in June - Earnings Summary

George Weston

01/08/2023 13:48

* George Weston Ltd  WN.TO  reported quarterly adjusted
earnings
of C$2.68​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
C$2.80 per share.
    * Revenue rose 7% to C$13.88 billion from a year ago;
analysts
expected C$13.85 billion. 
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * George Weston Ltd shares had fallen by 3.0% this
quarter and
lost 9.6% so far this year.
    * Wall Street's median 12-month price target for George
Weston Ltd
is C$193.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 12:48 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.80           2.68           Missed
 Mar. 31 2023      2.30           1.99           Missed
 Dec. 31 2022      2.53           2.59           Beat
 Sep. 30 2022      2.79           3.12           Beat