SiteOne Landscape (SITE) Reports Q4 Loss, Tops Revenue Estimates

Group 1: Earnings Performance - SiteOne Landscape reported a quarterly loss of $0.48 per share, which was worse than the Zacks Consensus Estimate of a loss of$ 0.28, and compared to a loss of $0.08 per share a year ago, indicating a significant decline in performance [1] - The earnings surprise for this quarter was -71.43%, and the company had previously expected earnings of$ 1.18 per share but reported $0.97, resulting in a surprise of -17.80% [1][2] - Over the last four quarters, SiteOne Landscape has surpassed consensus EPS estimates only once [2] Group 2: Revenue Performance - The company posted revenues of$ 1.01 billion for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 0.60%, and this represents an increase from year-ago revenues of $965 million [2] - SiteOne Landscape has topped consensus revenue estimates four times over the last four quarters [2] Group 3: Stock Performance and Outlook - SiteOne Landscape shares have increased by approximately 1.1% since the beginning of the year, while the S&P 500 has gained 3.2% [3] - The future price movement of the stock will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is -$ 0.53 on revenues of $952.7 million, and for the current fiscal year, it is$ 3.84 on revenues of $4.82 billion [7] Group 4: Industry Context - The Industrial Services industry, to which SiteOne Landscape belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]