Winpak Ltd expected to post earnings of 62 cents a share - Earnings Preview

Winpak

22/10/2024 15:13

* Winpak Ltd  WPK.TO   is expected to show a rise in
quarterly
revenue when it reports  results on October 24 (estimated) for
the period ending September 30 2024
    * The Winnipeg Manitoba-based  company is expected to report
a
3.1% increase in revenue to $282.367 million from $273.79
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
62 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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
53.00​, above​ its last closing price of C$46.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.61        0.63       0.61      Missed  -2.4
 Mar. 31 2024  0.57        0.57       0.55      Missed  -3.5
 Dec. 31 2023  0.57        0.56       0.54      Missed  -3.6​
 Sep. 30 2023  0.55        0.55       0.52      Missed  -5.5
 ​​Jun.        0.58        0.57       0.62      Beat    8.1
 30 2023                                                
 Mar. 31 2023  0.53        0.52       0.60      Beat    14.7​
 Dec. 31 2022              0.49       0.48      Missed  -1.5
 Sep. 30 2022  0.50        0.50       0.45      Missed  -10.4
 This summary was machine generated October 22 at 14:13 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)