Published on 4 May 2024 on Simply Wall St. via Yahoo Finance
Earnings Release: Here's Why Analysts Cut Their SiteOne Landscape Supply, Inc. (NYSE:SITE) Price...
Shareholders might have noticed that SiteOne Landscape Supply, Inc. (NYSE:SITE) filed its quarterly result this time last week. 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
