CCL Industries Inc. Expected to Post Q2 2024 Earnings of $0.98 Per Share (TSE:CCL)

CCL Industries Inc. (TSE:CCLFree Report) – Stock analysts at National Bank Financial raised their Q2 2024 earnings per share estimates for CCL Industries in a report released on Monday, June 10th. National Bank Financial analyst A. Abdullah now forecasts that the company will post earnings per share of $0.98 for the quarter, up from their previous forecast of $0.96. National Bank Financial also issued estimates for CCL Industries’ Q4 2024 earnings at $1.07 EPS, FY2024 earnings at $4.20 EPS and FY2025 earnings at $4.36 EPS.

CCL Industries (TSE:CCLGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C$1.07 EPS for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.08. The company had revenue of C$1.74 billion during the quarter, compared to the consensus estimate of C$1.75 billion.

Separately, Stifel Canada raised shares of CCL Industries from a “hold” rating to a “buy” rating in a research note on Monday, February 26th.

View Our Latest Stock Analysis on CCL

CCL Industries Price Performance

CCL Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.29 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.16 dividend on an annualized basis and a yield of ∞.

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Earnings History and Estimates for CCL Industries (TSE:CCL)

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