SiteOne Landscape Supply is a leading wholesaler of landscape supplies in the United States and Canada. The company specializes in providing a wide range of products such as nursery stock, hardscapes, turf and soil management products, and irrigation systems to landscape professionals, contractors, and builders. By offering an extensive array of quality materials and expert support services, SiteOne aims to support the growing demand for landscaping and outdoor design, making it easier for professionals to meet their project needs while enhancing the beauty and functionality of outdoor spaces. The company operates a vast network of distribution centers and retail locations, allowing for efficient delivery and customer service.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at SiteOne (NYSE:SITE) and its peers.
Let’s dig into the relative performance of H&E Equipment Services (NASDAQ:HEES) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.
SiteOne has been treading water for the past six months, recording a small return of 0.7% while holding steady at $152.92. The stock also fell short of the S&P 500’s 13% gain during that period.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty equipment distributors industry, including United Rentals (NYSE:URI) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the specialty equipment distributors stocks, including Custom Truck One Source (NYSE:CTOS) and its peers.
Agriculture products company SiteOne Landscape Supply (NYSE:SITE) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 5.6% year on year to $1.21 billion. Its GAAP profit of $0.97 per share was 15.6% below analysts’ consensus estimates.
SITE stock results show that SiteOne Landscape Supply beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
SITE stock results show that SiteOne Landscape Supply missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
Companies Reporting Before The Bell • Sony Group (NYSE:SONY) is projected to report quarterly earnings at $1.65 per share on revenue of $24.62 billion.
U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 100 points during the session. All three major indices recorded losses last week, ending their five-week winning streaks. The S&P 500 fell by 0.42%, while the Dow lost 0.11% during the week.
