Linamar Corp reports results for the quarter ended December 31 - Earnings Summary
06/03/2025 03:24
Linamar Corp LNR.TO reported quarterly adjusted earnings of C$1.82 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of C$1.98. The mean expectation of five analysts for the quarter was for earnings of C$1.57 per share. Wall Street expected results to range from C$1.48 to C$1.64 per share. Revenue fell 3.2% to C$2.38 billion from a year ago; analysts expected C$2.39 billion. The company reported a quarterly loss of C$232.3 million. Linamar Corp shares had fallen by 14.2% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 0.5% in the last three months. In the last 30 days, there have been no negative revisions of earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy" Wall Street's median 12-month price target for Linamar Corp is C$70.00 This summary was machine generated from LSEG data March 6 at 03:23 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | 1.57 | 1.82 | Beat |
| Sep. 30 2024 | 2.34 | 2.35 | Beat |
| Jun. 30 2024 | 2.97 | 3.06 | Beat |
| Mar. 31 2024 | 2.06 | 2.59 | Beat |