SiteOne Landscape Supply Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-10-30

* SiteOne Landscape Supply Inc reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.25. The mean expectation of ten analysts for the quarter was for earnings of $1.16 per share. Wall Street expected results to range from $1.04 to $1.25 per share.

* Revenue rose 5.6% to $1.21 billion from a year ago; analysts expected $1.19 billion.

* SiteOne Landscape Supply Inc's reported EPS for the quarter was 97 cents​.

* The company reported quarterly net income of $44.4 million.

* SiteOne Landscape Supply Inc shares had fallen by 5.3% this quarter and lost 12.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

* In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the fishing & farming peer group is "hold."

Wall Street's median 12-month price target for SiteOne Landscape Supply Inc is 150.00 This summary was machine generated from LSEG data October 30 at 03:12 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

Sep. 30 2024 1.16 0.97 Missed

Jun. 30 2024 2.54 2.63 Beat

Mar. 31 2024 -0.26 -0.43 Missed

Dec. 31 2023 -0.18 -0.08 Beat

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