SITE Stock Recent News

SiteOne Landscape Supply saw a bump in its share price Tuesday after UBS upgraded the stock to Buy from Neutral. Analysts at UBS cited an anticipated earnings inflection in the second half of this year and a potential acceleration to double-digit growth in 2024 and 2025.

SiteOne Landscape (SITE) shares have been gaining on the back of better-than-expected second-quarter 2023 results, solid demand and the string of acquisitions made in this year so far.

SiteOne Landscape (SITE) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $3.07 per share a year ago.

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (the “Company”) (NYSE: SITE), the largest and only national full product line wholesale distributor of landscape supplies in the United States, today announced that the Company will release its second quarter 2023 results before the market opens on Wednesday, August 2, 2023. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day. Interested investors and other parties can listen to a webcast o.

SITE's 2023 Q1 organic sales declined while net sales grew 4%. Acquisitions continue to be a huge driver for SITE's revenues.

SiteOne Landscape (SITE) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.70 per share a year ago.

ROSWELL, Ga.--(BUSINESS WIRE)--SiteOne® Landscape Supply, Inc. (the “Company”) (NYSE: SITE), the largest and only national full product line wholesale distributor of landscape supplies in the United States, today announced that the Company will release its first quarter 2023 results before the market opens on Wednesday, May 3, 2023. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day.

The 2022 results of SiteOne Landscape Supply, Inc. demonstrated the resilience of its business model. Geographical expansion through disciplined acquisition is likely one of the most effective ways to build a strong competitive advantage, and SiteOne has a proven track record in this regard.

SiteOne Landscape Supply, Inc. (NYSE:SITE ) Q4 2022 Earnings Conference Call February 15, 2023 8:00 AM ET Company Participants John Guthrie - Executive Vice President & Chief Financial Officer Doug Black - Chairman & Chief Executive Officer Scott Salmon - Executive Vice President, Strategy & Development Conference Call Participants David Manthey - Baird Ryan Merkel - William Blair Mike Dahl - RBC Capital Markets Matthew Bouley - Barclays Keith Hughes - Truist Securities Damian Karas - UBS Andrew Carter - Stifel Jeffrey Stevenson - Loop Capital Markets Operator Greetings and welcome to SiteOne Landscape Supply Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

SiteOne Landscape (SITE) delivered earnings and revenue surprises of -115.38% and 0.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?