CCL Industries Inc. to Post Q4 2022 Earnings of $0.74 Per Share, National Bank Financial Forecasts (TSE:CCL)

CCL Industries Inc. (TSE:CCLGet Rating) – Equities researchers at National Bank Financial cut their Q4 2022 earnings per share (EPS) estimates for CCL Industries in a report issued on Tuesday, January 17th. National Bank Financial analyst A. Abdullah now forecasts that the company will post earnings of $0.74 per share for the quarter, down from their prior forecast of $0.81.

CCL Industries Stock Performance

CCL Industries (TSE:CCLGet Rating) last posted its quarterly earnings data on Wednesday, November 9th. The company reported C$0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.92 by C$0.03. The firm had revenue of C$1.66 billion during the quarter, compared to analysts’ expectations of C$1.63 billion.

CCL Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Thursday, December 15th were given a $0.24 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of ∞.

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