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

Saputo

09/06/2023 17:09

* Saputo Inc  SAP.TO  reported quarterly adjusted earnings
of 47
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 42 cents per share.
    * Revenue rose 12.9% to C$4.47 billion from a year ago;
analysts
expected C$4.40 billion. 
    * Saputo Inc's reported EPS for the quarter was 38 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Saputo Inc shares had fallen by 0.4% this quarter and
gained 3.9% so far this year.
    * The company reported quarterly net income of C$159
million.
    * Wall Street's median 12-month price target for Saputo Inc
is
C$43.00 
    * 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 from LSEG Refinitiv data June
9 at 04:08 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.42           0.47           Beat
 Dec. 31 2022      0.47           0.53           Beat
 Sep. 30 2022      0.38           0.42           Beat
 Jun. 30 2022      0.29           0.39           Beat