Loblaw Companies Ltd reports results for the quarter ended June 30 - Earnings Summary

Loblaw Companies

24/07/2025 14:33

Loblaw Companies Ltd L.TO reported quarterly adjusted earnings of C$2.40​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$2.15.  The mean expectation of nine analysts for the quarter was for earnings of C$2.33 per share. Wall Street expected results to range from C$2.25  to C$2.35 per share.

Revenue rose 5.2% to C$14.67 billion from a year ago; analysts expected C$14.64 billion.

Loblaw Companies Ltd's reported EPS for the quarter was C$2.37​.

The company reported quarterly net income of C$714 million.

Loblaw Companies Ltd shares had fallen by 3.4% this quarter and gained 15.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% 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 8 "strong buy" or "buy," 3 "hold" and no "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 Loblaw Companies Ltd is C$237.50, about 8.4% above its last closing price of C$217.51

This summary was machine generated from LSEG data July 24 at 01:33 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
2.33
2.40
Beat
Mar. 31 2025
1.87
1.88
Beat
Dec. 31 2024
2.21
2.20
Missed
Sep. 30 2024
2.45
2.50
Beat