Gildan Activewear Inc expected to post earnings of 72 cents a share - Earnings Preview

Gildan Activewear

30/07/2024 18:40

* Gildan Activewear Inc  GIL.TO   is expected to show a rise
in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Montreal Quebec-based  company is expected to report a
1.3% increase in revenue to $851.638 million from $840.4 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Gildan Activewear Inc is
for
earnings of 72 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 Gildan
Activewear
Inc is $41.52​, below​ its last closing price of C$55.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.52        0.51       0.59      Beat    15.3
 Jan. 1 2024   0.73        0.73       0.75      Beat    3
 Sep. 30 2023  0.71        0.72       0.74      Beat    3.2​
 Jun. 30 2023  0.62        0.62       0.63      Beat    1.7
 ​​Mar.        0.52        0.52       0.45      Missed  -13
 31 2023                                                
 Dec. 31 2022  0.68        0.68       0.65      Missed  -4.8​
 Sep. 30 2022  0.80        0.80       0.84      Beat    5.6
 Jun. 30 2022  0.78        0.78       0.86      Beat    11
 This summary was machine generated July 30 at 17:40 GMT.  All
figures in US 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)