National Bank Financial Brokers Lift Earnings Estimates for CCL Industries Inc. (TSE:CCL)

CCL Industries Inc. (TSE:CCLFree Report) – Research analysts at National Bank Financial increased their Q3 2024 earnings per share estimates for CCL Industries in a research report issued on Wednesday, October 9th. National Bank Financial analyst A. Abdullah now expects that the company will post earnings of $1.09 per share for the quarter, up from their previous estimate of $1.08. National Bank Financial also issued estimates for CCL Industries’ FY2024 earnings at $4.37 EPS, FY2025 earnings at $4.57 EPS and FY2026 earnings at $4.74 EPS.

CCL Industries (TSE:CCLGet Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C$1.13 earnings per share for the quarter, beating the consensus estimate of C$1.00 by C$0.13. The firm had revenue of C$1.85 billion for the quarter, compared to analysts’ expectations of C$1.76 billion.

CCL Industries Price Performance

CCL Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.29 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.16 dividend on an annualized basis and a dividend yield of ∞.

Further Reading

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

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