Gildan Activewear Inc expected to post earnings of 84 cents a share - Earnings Preview

Gildan Activewear

29/10/2024 13:45

* Gildan Activewear Inc  GIL.TO   is expected to show a rise
in
quarterly revenue when it reports  results on October 31 for the
period ending September 30 2024
    * The Montreal Quebec-based  company is expected to report a
1.7% increase in revenue to $884.679 million from $869.9 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Gildan Activewear Inc is
for
earnings of 84 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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 50.91​, below​ its last closing price of C$67.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.72        0.72       0.74      Beat    2.9
 Mar. 31 2024  0.52        0.51       0.59      Beat    15.3
 Dec. 31 2023  0.73        0.73       0.75      Beat    3​
 Sep. 30 2023  0.71        0.72       0.74      Beat    3.2
 ​​Jan.        0.62        0.62       0.63      Beat    1.7
 1 0001                                                 
 Mar. 31 2023  0.52        0.52       0.45      Missed  -13​
 Dec. 31 2022  0.68        0.68       0.65      Missed  -4.8
 Sep. 30 2022  0.80        0.80       0.84      Beat    5.6
 This summary was machine generated October 29 at 13:45 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)