SiteOne Landscape Supply, Inc. (NYSE:SITE) distributor of landscape supplies, is expected to report third quarter earnings results, before market open, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.84 per share.
Looking ahead, the full year income are expected at $ 2.34 per share on the revenues of $ 2547.40 million.
Previous Quarter Performance
SiteOne Landscape Supply, Inc. communicated income for the second quarter of $ 1.83 per share, from the revenue of $ 817.70 million. The quarterly earnings gained 11.59 percent while revenues grew 8.68 percent compared with the same quarter last year.
Wall street analysts are predicting, SITE to report 2Q20 income of $ 1.48 per share from revenue of $ 744.28 million. The bottom line results beat street analysts by $ 0.35 or 23.65 percent, at the same time, top line results outshined analysts by $ 73.42 million or 9.86 percent.
Stock Performance
Shares of SiteOne Landscape Supply, Inc. traded low $ -0.51 or -0.41 percent on Tuesday, reaching $ 123.49 with volume of 231.60 thousand shares. SiteOne Landscape Supply, Inc. has traded high as $ 124.72 and has cracked $ 121.68 on the downward trend
According to the previous trading day, closing price of $ 123.49, representing a 132.69 % increase from the 52 week low of $ 53.29 and a 9.97 % decrease over the 52 week high of $ 137.73.
The company has a market capital of $ 5.45 billion and is part of the Industrials sector and Industrial Distribution industry.
Recent Analyst recommendations
- On 15th September 2020, upgraded by Robert W. Baird to Outperform from Neutral rating.
Conference Call
SiteOne Landscape Supply, Inc. will be hosting a conference call at 8:00 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website siteone.com
SiteOne Landscape Supply, Inc. engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 120,000 stock keeping units, including irrigation supplies, fertilizer and control products, landscape accessories, nursery goods, outdoor lightings, and ice melt products, as well as hardscapes, such as pavers, natural stones, and blocks.
