SiteOne Landscape Supply Announces Third Quarter 2018 Earnings

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Go back to SiteOne Landscape Supply Announces Third Quarter 2018 Earnings

SiteOne Landscape Supply (SITE) PT Lowered to $88 at RBC Capital

November 1, 2018 6:47 AM EDT

RBC Capital analyst Michael Eisen lowered the price target on SiteOne Landscape Supply (NYSE: SITE) to $88.00 (from $97.00) while maintaining a Outperform rating.

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SiteOne Landscape Supply (SITE) Misses Q3 EPS by 2c, Revenues Miss

October 31, 2018 6:03 AM EDT

SiteOne Landscape Supply (NYSE: SITE) reported Q3 EPS of $0.70, $0.02 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $578.5 million versus the consensus estimate of $590.68 million.

Net sales increased by 15% to $578.5 millionOrganic Daily Sales increased by 5%Gross profit increased by 19% to $191.0 million; gross margin expanded 110 basis points to 33.0%Net income... More