Finning International Inc (TSX:FTT, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $2,556.53 million, and the earnings are expected to come in at $1.04 per share. The full year 2024's revenue is expected to be $10.07 billion and the earnings are expected to be $3.95 per share. More detailed estimate data can be found on the Forecast page.
Finning International Inc (TSX:FTT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Finning International Inc (TSX:FTT) for the full year 2024 have declined from $10,086.15 million to $10,074.8 million, while the revenue estimates for 2025 have slightly increased from $10,384.9 million to $10,385.58 million. Earnings estimates for the full year 2024 have decreased from $3.97 per share to $3.95 per share, and for 2025, the estimates have risen from $4.24 per share to $4.25 per share.
Finning International Inc (TSX:FTT, Financial) Reported History
In the previous quarter of 2024-06-30, Finning International Inc's (TSX:FTT) actual revenue was $2.92 billion, which beat analysts' revenue expectations of $2.60 billion by 12.14%. Finning International Inc's (TSX:FTT) actual earnings were $1.01 per share, which missed analysts' earnings expectations of $1.03 per share by -1.94%. After releasing the results, Finning International Inc (TSX:FTT) was up by 1.12% in one day.
Finning International Inc (TSX:FTT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 9 analysts, the average target price for Finning International Inc (TSX:FTT) is $49.44 with a high estimate of $53 and a low estimate of $45. The average target implies an upside of 19.29% from the current price of $41.45.
Based on GuruFocus estimates, the estimated GF Value for Finning International Inc (TSX:FTT, Financial) in one year is $43.69, suggesting an upside of 5.4% from the current price of $41.45.
Based on the consensus recommendation from 9 brokerage firms, Finning International Inc's (TSX:FTT, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
