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

Saputo

09/06/2022 18:27

* Saputo Inc  SAP.TO  reported quarterly adjusted earnings
of 26
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 25 cents per share.
    * Revenue rose 15.1% to C$3.96 billion from a year ago; 
analysts
expected C$3.69 billion. 
    * Saputo Inc's reported EPS for the quarter was 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 18%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Saputo Inc shares had fallen by 12.5% this quarter and
lost 9.1%
so far this year.
    * The company reported quarterly net income of C$37 million.
    * Wall Street's median 12-month price target for Saputo Inc
is
C$35.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 9 at 05:27 p.m.  ​All
figures in Canadian dollars unless otherwise stated