SiteOne Landscape Supply Inc reports results for the quarter ended in September 30 - Earnings Summary

SiteOne Landscape Supply

30/10/2024 15:12

* SiteOne Landscape Supply Inc  SITE.N  reported quarterly
adjusted earnings of 97 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of $1.25.  The mean expectation of
ten analysts for the quarter was for earnings of $1.16 per
share. Wall Street expected results to range from $1.04 
to $1.25 per share.
    * Revenue rose 5.6% to $1.21 billion from a year ago;
analysts
expected $1.19 billion. 
    * SiteOne Landscape Supply Inc's reported EPS for the
quarter was
97 cents​.
    * The company reported quarterly net income of $44.4
million.
    * SiteOne Landscape Supply Inc shares had fallen by 5.3%
this
quarter and lost 12.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13%
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 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the fishing &
farming
peer group is  "hold."

Wall Street's median 12-month price target for SiteOne Landscape
Supply Inc is 150.00 
This summary was machine generated from LSEG data October 30 at
03:12 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
 Sep. 30 2024      1.16           0.97           Missed
 Jun. 30 2024      2.54           2.63           Beat
 Mar. 31 2024      -0.26          -0.43          Missed
 Dec. 31 2023      -0.18          -0.08          Beat