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Finning International Inc <FTT.TO> expected to post earnings of 87 cents a share - Earnings Preview

ReutersJan 31, 2025 9:02 PM
  • Finning International Inc FTT.TO is expected to show a rise in quarterly revenue when it reports results on February 4 for the period ending December 31 2024

  • The Vancouver British Columbia-based company is expected to report a 3.5% increase in revenue to C$2.488 billion from C$2.4 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Finning International Inc is for earnings of 87 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

  • Wall Street's median 12-month price target for Finning International Inc is C$47.00​, above​ its last closing price of C$38.82. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.05

1.04

0.74

Missed

-28.8

Jun. 30 2024

0.98

1.00

1.01

Beat

1.4

Mar. 31 2024

0.86

0.86

0.84

Missed

-2.1​

Dec. 31 2023

0.97

0.97

0.59

Missed

-39.1

​​Sep. 30 2023

1.02

1.00

1.06

Beat

5.5

Jun. 30 2023

0.94

0.93

1.00

Beat

7.1​

Mar. 31 2023

0.71

0.70

0.89

Beat

26.7

Dec. 31 2022

0.82

0.82

0.89

Beat

9.1

This summary was machine generated January 31 at 21:02 GMT. All figures in Canadian 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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