Saputo Inc reports results for the quarter ended in June - Earnings Summary

Saputo

11/08/2023 05:59

* Saputo Inc  SAP.TO  reported quarterly adjusted earnings
of 36
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 34 cents per share.
    * Revenue fell 2.8% to C$4.21 billion from a year ago;
analysts
expected C$4.37 billion. 
    * The mean earnings estimate of analysts had fallen by
about 25.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Saputo Inc shares had fallen by 5.0% this quarter and
lost 15.9%
so far this year.
    * Wall Street's median 12-month price target for Saputo Inc
is
C$37.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 04:59 a.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.34           0.36           Beat
 Mar. 31 2023      0.42           0.47           Beat
 Dec. 31 2022      0.47           0.53           Beat
 Sep. 30 2022      0.38           0.42           Beat