![]() This is because SiteOne Landscape Supply had a return on equity (ROE) rate at 16.13%, which aligns more closely with healthy percentages indicated within successful corporations. The second-largest industrial products provider in the US earned $837.20 million during Q1 compared to analyst predictions worth $789.80 million.īeing less lower than expected increases doubt regarding SITE’s profitability expectations this year and beyond however, trust still remains evident amongst current shareholders. ![]() On May 3rd, SITE reported $0.10 EPS instead of $0.22 – missing it by a wide margin of ($0.32). It remains to be seen whether this figure will be realized given that SITE missed its consensus estimate for this quarter’s earnings results. ![]() In the last year, brokers who updated their coverage on the stock have recorded an average twelve-month price objective of $155.40. Six of these analysts have assigned a hold recommendation to the company while one has rated SITE with a sell recommendation. SiteOne Landscape Supply: Analysis of Earnings Results and Brokerage RatingsĪs of May 15, 2023, SiteOne Landscape Supply (NYSE:SITE) has garnered an average rating of “Hold” from the twelve brokerages currently covering the company, according to a report by Bloomberg. ![]()
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