CCL Industries Inc reports results for the quarter ended December 31 - Earnings Summary

• CCL Industries Inc CCLb.TO reported quarterly adjusted earnings of C$1.01​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of ten analysts for the quarter was for earnings of 99 cents per share. Wall Street expected results to range from 96 cents to C$1.02 per share.

• Revenue rose 9% to C$1.81 billion from a year ago; analysts expected C$1.76 billion.

• CCL Industries Inc's reported EPS for the quarter was C$1.01​.

• The company reported quarterly net income of C$179.8 million.

• CCL Industries Inc shares had fallen by 4.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for CCL Industries Inc is C$90.00

This summary was machine generated from LSEG data February 20 at 12:50 a.m. UTC. ​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)