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George Weston Ltd reports results for the quarter ended June 30 - Earnings Summary

George Weston Ltd WN.TO reported quarterly adjusted earnings of C$3.06​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$2.93.  The mean expectation of six analysts for the quarter was for earnings of C$3.37 per share. Wall Street expected results to range from C$3.24  to C$3.50 per share.

Revenue rose 5.2% to C$14.82 billion from a year ago; analysts expected C$14.78 billion.

George Weston Ltd's reported EPS for the quarter was C$1.96​.

George Weston Ltd shares had fallen by 3.9% this quarter and gained 17.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food retail & distribution peer group is also "buy"

Wall Street's median 12-month price target for George Weston Ltd is C$300.00, about 12.5% above its last closing price of C$262.56

This summary was machine generated from LSEG data July 29 at 12:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.373.06Missed
Mar. 31 20252.732.58Missed
Dec. 31 20243.053.15Beat
Sep. 30 20243.573.57Met

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