Toromont Industries Ltd <TIH.TO> expected to post earnings of C$1.72 a share - Earnings Preview
Toromont Industries Ltd TIH.TO is expected to show a rise in quarterly revenue when it reports results on February 11 for the period ending December 31 2024
The Concord Ontario-based company is expected to report a 5.3% increase in revenue to C$1.292 billion from C$1.23 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
LSEG's mean analyst estimate for Toromont Industries Ltd is for earnings of C$1.72 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 Toromont Industries Ltd is C$132.00, above its last closing price of C$116.72.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.68 | 1.68 | 1.60 | Missed | -4.9 |
Jun. 30 2024 | 1.58 | 1.57 | 1.64 | Beat | 4.3 |
Mar. 31 2024 | 1.15 | 1.13 | 1.01 | Missed | -10.3 |
Dec. 31 2023 | 1.73 | 1.72 | 1.87 | Beat | 8.5 |
Sep. 30 2023 | 1.60 | 1.59 | 1.76 | Beat | 10.9 |
Jun. 30 2023 | 1.45 | 1.42 | 1.61 | Beat | 13.4 |
Mar. 31 2023 | 0.88 | 0.85 | 1.16 | Beat | 36.3 |
Dec. 31 2022 | 1.45 | 1.43 | 1.93 | Beat | 34.6 |
This summary was machine generated February 7 at 21:33 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)
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