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Earnings Release: Here's Why Analysts Cut Their SiteOne Landscape Supply, Inc. (NYSE:SITE) Price Target To US$163 [Yahoo! Finance]

SiteOne Landscape Supply, Inc. (SITE) 
Last siteone landscape supply, inc. earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.siteone.com
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 6.2% to US$152 in the past week. The results don't look great, especially considering that statutory losses grew 47% toUS$0.43 per share. Revenues of US$905m did beat expectations by 4.6%, but it looks like a bit of a cold comfort. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. View our latest analysis for SiteOne Landscape Supply Taking into account the latest results, the consensus forecast from SiteOne Landscape Supply's eight analysts is for revenues of US$4.64b in 2024. This reflects a reasonable 6.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 13% to US$3.97. Before this Show less Read more
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