Saputo Inc expected to post earnings of 34  cents a share - Earnings Preview

Saputo

09/08/2023 03:01

* Saputo Inc  SAP.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 10. 
    * The Montreal Quebec-based  company is expected to report 
a
0.9% increase in revenue to C$4.366 billion from C$4.33 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Saputo Inc is for
earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Saputo Inc
is
C$37​, above​ its last closing price of C$27.72. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.42        0.42       0.47      Beat    11.5
 Dec. 31 2023  0.48        0.47       0.53      Beat    12.4
 Sep. 30 2022  0.38        0.38       0.42      Beat    11.4​
 Jun. 30 2022  0.28        0.29       0.39      Beat    33.2
 ​​Mar.        0.22        0.25       0.26      Beat    2.2
 31 2022                                                
 Dec. 31 2021  0.30        0.30       0.33      Beat    8.4​
 Sep. 30 2021  0.32        0.32       0.28      Missed  -13.7
 Jun. 30 2021  0.28        0.27       0.29      Beat    8
 This summary was machine generated August 9 at 02:01 GMT.  All
figures in Canadian dollars  unless otherwise stated