Recap: SiteOne Landscape Supply Q2 Earnings

 

Shares of SiteOne Landscape Supply (NYSE:SITE) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share increased 47.54% year over year to $2.70, which beat the estimate of $2.37.

Revenue of $1,084,000,000 rose by 32.57% year over year, which beat the estimate of $1,040,000,000.

Outlook

SitOne Landscape Supply raised FY21 adjusted EBITDA guidance from $300 million-$320 million to $335 million-$365 million.

Details Of The Call

Date: Aug 04, 2021

Time: 08:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/site/mediaframe/46002/indexr.html

Technicals

Company's 52-week high was at $206.26

52-week low: $110.41

Price action over last quarter: down 11.20%

Company Description

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