Saputo Inc expected to post earnings of 36 cents a share - Earnings Preview

Saputo

04/06/2024 21:11

* Saputo Inc  SAP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on June 6 for the period ending
March 31 2024
    * The Montreal Quebec-based  company is expected to report a
3.7% decrease in revenue to C$4.301 billion from C$4.47 billion
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Saputo Inc is for
earnings of
36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "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 Saputo Inc
is
C$34.00​, above​ its last closing price of C$27.83. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.41        0.39       0.38      Missed  -3.2
 Sep. 30 2023  0.43        0.43       0.43      Met     0.7
 Jun. 30 2023  0.35        0.34       0.36      Beat    4.6​
 Mar. 31 2023  0.42        0.42       0.47      Beat    11.5
 ​​Dec.        0.48        0.47       0.53      Beat    12.4
 31 2022                                                
 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. 31 2022  0.22        0.25       0.26      Beat    2.2
 This summary was machine generated June 4 at 20:11 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)