Canadian cheese maker Saputo's Q3 revenue misses analyst expectations

Saputo

05/02/2026 22:10

Overview

Canada dairy processor's fiscal Q3 revenue missed analyst expectations

Adjusted EBITDA for fiscal Q3 rose 18%, driven by efficiency initiatives

Company renewed NCIB to purchase up to 5% of common shares

Outlook

Saputo expects strong demand for high-protein dairy to support future growth

Result Drivers

EFFICIENCY INITIATIVES - Operational improvements and cost management drove an 18% increase in adjusted EBITDA

HIGHER SELLING PRICES - Implemented higher selling prices to mitigate inflationary pressures, supporting revenue

INTERNATIONAL MARKET PRICES - Higher international cheese and dairy ingredient market prices positively impacted results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
C$4.89 bln
C$4.95 bln (7 Analysts)
Q3 Adjusted EPS
C$0.57
Q3 Adjusted Net Income
C$235 mln
Q3 Net Income
C$220 mln
Q3 Adjusted EBITDA
C$492 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Saputo Inc is C$44.00, about 3.7% above its February 4 closing price of C$42.43

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX7wvkN1

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)