Winpak Ltd reports results for the quarter ended in September 30 - Earnings Summary

Winpak

24/10/2024 18:43

* Winpak Ltd  WPK.TO  reported quarterly adjusted earnings
of 61
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 52 cents.  The mean expectation of three analysts for the
quarter was for earnings of 62 cents per share. Wall Street
expected results to range from 61 cents to 63 cents per share.
    * Revenue rose 4.3% to $285.47 million from a year ago;
analysts
expected $282.37 million. 
    * Winpak Ltd's reported EPS for the quarter was 61 cents​.
    * The company reported quarterly net income of $38.49
million.
    * Winpak Ltd shares had fallen by 3.0% this quarter and
gained 12.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the non-paper
containers & packaging peer group is also "hold"

Wall Street's median 12-month price target for Winpak Ltd is
53.00 
This summary was machine generated from LSEG data October 24 at
05:43 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
 Jan. 1 0001       0.62           0.61           Missed
 Jun. 30 2024      0.63           0.61           Missed
 Mar. 31 2024      0.57           0.55           Missed
 Dec. 31 2023      0.56           0.54           Missed