Loblaw Companies Ltd expected to post earnings of C$2.21 a share - Earnings Preview

Loblaw Companies

18/02/2025 14:19

* Loblaw Companies Ltd  L.TO   is expected to show a rise in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2024
    * The Brampton Ontario-based  company is expected to report
a
2.9% increase in revenue to C$14.954 billion from C$14.53
billion a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Loblaw Companies Ltd is
for
earnings of C$2.21 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"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 Loblaw
Companies
Ltd is C$200.00​, above​ its last closing price of C$178.36. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.45        2.45       2.50      Beat    2.2
 Jun. 30 2024  2.14        2.14       2.15      Beat    0.4
 Mar. 31 2024  1.71        1.70       1.72      Beat    1.2​
 Dec. 31 2023  1.89        1.90       2.00      Beat    5.5
 ​​Sep.        2.25        2.22       2.26      Beat    1.6
 30 2023                                                
 Jun. 30 2023  1.91        1.91       1.94      Beat    1.6​
 Mar. 31 2023  1.54        1.55       1.55      Met     0.2
 Dec. 31 2022  1.71        1.71       1.76      Beat    2.8
 This summary was machine generated February 18 at 14:19 GMT. 
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)