SiteOne Landscape Supply Inc reports results for the quarter ended in March - Earnings Summary

SiteOne Landscape Supply

01/05/2024 14:53

* SiteOne Landscape Supply Inc  SITE.N  reported a quarterly
adjusted loss of 43 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of -10 cents.  The mean expectation of
nine analysts for the quarter was for a loss of 26 cents per
share. Wall Street expected results to range from -35 cents
to -4 cents per share.
    * Revenue rose 8% to $904.80 million from a year ago;
analysts
expected $864.33 million. 
    * SiteOne Landscape Supply Inc's reported EPS for the
quarter was
a loss of 43 cents​.
    * The company reported a quarterly loss of $19.3 million.
    * SiteOne Landscape Supply Inc shares had fallen by 10.1%
this
quarter and lost 3.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 148.2% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the fishing &
farming
peer group is also "buy"

Wall Street's median 12-month price target for SiteOne Landscape
Supply Inc is $171.00 
This summary was machine generated from LSEG data May 1 at 01:53
p.m. UTC. ​All figures in US 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
 Mar. 31 2024      -0.26          -0.43          Missed
 Dec. 31 2023      -0.18          -0.08          Beat
 Sep. 30 2023      1.45           1.25           Missed
 Jun. 30 2023      2.66           2.71           Beat