Winpak Ltd expected to post earnings of 56 cents a share - Earnings Preview

Winpak

23/02/2024 11:05

* Winpak Ltd  WPK.TO   is expected to show a fall in
quarterly
revenue when it reports  results on February 26 (estimated) for
the period ending December 31 2023
    * The Winnipeg Manitoba-based  company is expected to report
a
3.1% decrease in revenue to $283.267 million from $292.37
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Winpak Ltd is for
earnings of
56 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Winpak Ltd
is
C$46.00​, above​ its last closing price of C$43.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.55        0.55       0.52      Missed  -5.5
 Jun. 30 2023  0.58        0.57       0.62      Beat    8.1
 Mar. 31 2023  0.53        0.52       0.60      Beat    14.7​
 Dec. 31 2022              0.49       0.48      Missed  -1.5
 ​​Sep.        0.50        0.50       0.45      Missed  -10.4
 30 2022                                                
 Jun. 30 2022  0.48        0.48       0.52      Beat    7.8​
 Mar. 31 2022  0.41        0.42       0.52      Beat    25.3
 Dec. 31 2021              0.33       0.46      Beat    40.5
 This summary was machine generated February 23 at 11:05 GMT. 
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)