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

SiteOne Landscape Supply

01/11/2023 13:31

* SiteOne Landscape Supply Inc  SITE.N  reported quarterly
adjusted earnings of $1.25​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of $1.60.  The mean expectation of
ten analysts for the quarter was for earnings of $1.45 per
share. Wall Street expected results to range from $1.19 
to $1.69 per share.
    * Revenue rose 3.9% to $1.15 billion from a year ago;
analysts
expected $1.14 billion. 
    * SiteOne Landscape Supply Inc's reported EPS for the
quarter was
$1.25​.
    * The company reported quarterly net income of $57.3
million.
    * SiteOne Landscape Supply Inc shares had fallen by 15.7%
this
quarter and gained 17.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $173.00 
This summary was machine generated from LSEG data November 1 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.45           1.25           Missed
 Jun. 30 2023      2.66           2.71           Beat
 Mar. 31 2023      0.12           -0.10          Missed
 Dec. 31 2022      0.13           -0.02          Missed