Q3 2024 Earnings Forecast for CCL Industries Inc. (TSE:CCL) Issued By National Bank Financial

CCL Industries Inc. (TSE:CCL) – Research analysts at National Bank Financial raised their Q3 2024 earnings per share estimates for shares of CCL Industries in a research report issued on Monday, June 10th. National Bank Financial analyst A. Abdullah now expects that the company will earn $1.07 per share for the quarter, up from their previous estimate of $1.04.

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

CCL Industries Stock Performance

CCL Industries (TSE:CCL) last issued its earnings results on Wednesday, May 8th. The company reported C$1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.99 by C$0.08. The business had revenue of C$1.74 billion during the quarter, compared to the consensus estimate of C$1.75 billion.

CCL Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, June 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of ∞.