SiteOne Landscape: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 06:15 AM ET
Last Updated - Jun 21, 2023, 11:34 PM EDT
ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — SiteOne Landscape Supply, Inc. (SITE) on Wednesday reported a loss of $4.5 million in its first quarter.
On a per-share basis, the Roswell, Georgia-based company said it had a loss of 10 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The company posted revenue of $837.4 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $776.2 million.