George Weston Ltd reports results for the quarter ended December 31 - Earnings Summary

• George Weston Ltd WN.TO reported quarterly adjusted earnings of C$3.15​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of C$2.51. The mean expectation of five analysts for the quarter was for earnings of C$3.05 per share. Wall Street expected results to range from C$2.98 to C$3.15 per share.

• Revenue rose 2.7% to C$15.10 billion from a year ago; analysts expected C$15.17 billion.

• George Weston Ltd's reported EPS for the quarter was C$5.50​.

• George Weston Ltd shares had risen by 2.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the food retail & distribution peer group is also "buy"

Wall Street's median 12-month price target for George Weston Ltd is C$255.00

This summary was machine generated from LSEG data February 26 at 01:00 p.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)