Saputo Inc. reports results for the quarter ended June 30 - Earnings Summary
Saputo Inc. reports results for the quarter ended June 30 - Earnings Summary
Saputo Inc. SAP.TO reported quarterly adjusted earnings of 49 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of nine analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 43 cents to 52 cents per share.
Revenue fell 4.5% to C$4.42 billion from a year ago; analysts expected C$4.41 billion.
Saputo Inc.'s reported EPS for the quarter was 45 cents.
The company reported quarterly net income of C$183 million.
Saputo Inc. shares had fallen by 4.7% this quarter and lost 5.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"
Wall Street's median 12-month price target for Saputo Inc. is C$46.50, about 16.7% above its last closing price of C$38.73
This summary was machine generated from LSEG data August 6 at 11:42 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.46 | 0.49 | Beat |
Mar. 31 2026 | 0.39 | 0.41 | Beat |
Dec. 31 2025 | 0.54 | 0.57 | Beat |
Sep. 30 2025 | 0.46 | 0.48 | Beat |
Recent news on Saputo
See all newsSaputo Inc. reports results for the quarter ended September 30 - Earnings Summary
Canada's Saputo Q2 revenue beats estimates on higher market prices
Canada Research Roundup: Air Canada, Loblaw Companies, Saputo
Brief: Saputo Inc. Announces An Increase To Its Normal Course Issuer Bid
Deals of the day-Mergers and acquisitions