Saputo Inc expected to post earnings of 37 cents a share - Earnings Preview

Saputo

07/08/2024 03:08

* Saputo Inc  SAP.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 8 for the period
ending June 30 2024
    * The Montreal Quebec-based  company is expected to report a
3.9% increase in revenue to $4.372 billion from $4.21 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Saputo Inc is for
earnings of
37 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 had fallen by
about 3.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Saputo Inc
is
C$36.00​, above​ its last closing price of C$30.80. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.35        0.36       0.37      Beat    3.3
 Dec. 31 2024  0.41        0.39       0.38      Missed  -3.2
 Sep. 30 2023  0.43        0.43       0.43      Met     0.7​
 Jan. 1 0001   0.35        0.34       0.36      Beat    4.6
 ​​Mar.        0.42        0.42       0.47      Beat    11.5
 31 2023                                                
 Dec. 31 2022  0.48        0.47       0.53      Beat    12.4​
 Sep. 30 2022  0.38        0.38       0.42      Beat    11.4
 Jan. 1 0001   0.28        0.29       0.39      Beat    33.2
 This summary was machine generated August 7 at 02:07 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)