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

George Weston

22/11/2022 13:01

* George Weston Ltd  WN.TO  reported quarterly adjusted
earnings
of C$3.12​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of C$2.79 per share.
    * Revenue rose 8.2% to C$17.52 billion from a year ago;
analysts
expected C$17.22 billion. 
    * George Weston Ltd's reported EPS for the quarter was
C$6.14​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * George Weston Ltd shares had risen by 10.2% this
quarter and
gained 8.6% so far this year.
    * The company reported quarterly net income of C$889
million.
    * Wall Street's median 12-month price target for George
Weston Ltd
is C$175.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
22 at 01:01 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.79           3.12           Beat
 Jun. 30 2022      2.29           2.24           Missed
 Mar. 31 2022      1.97           1.90           Missed
 Dec. 31 2021      1.98           2.32           Beat