Toromont Industries Ltd reports results for the quarter ended in September - Earnings Summary

Toromont Industries

01/11/2022 23:10

* Toromont Industries Ltd  TIH.TO  reported quarterly
adjusted
earnings of C$1.49​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of C$1.33 per share.
    * Revenue rose 14.3% to C$1.14 billion from a year ago;
analysts
expected C$1.07 billion. 
    * Toromont Industries Ltd's reported EPS for the quarter was
C$1.49​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Toromont Industries Ltd shares had risen by 8.9% this
quarter and lost 8.4% so far this year.
    * Wall Street's median 12-month price target for Toromont
Industries Ltd is C$118.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 11:10 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.33           1.49           Beat
 Jun. 30 2022      1.17           1.34           Beat
 Mar. 31 2022      0.68           0.72           Beat
 Dec. 31 2021      1.19           1.28           Beat