Boyd Group Services Inc reports results for the quarter ended in January - Earnings Summary

Boyd Services

15/05/2024 14:32

* Boyd Group Services Inc  BYD.TO  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 99 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 71 cents
per share. Wall Street expected results to range from 53 cents
to 90 cents per share.
    * Revenue rose 10% to $786.55 million from a year ago;
analysts
expected $788.57 million. 
    * Boyd Group Services Inc's reported EPS for the quarter was
39
cents​.
    * The company reported quarterly net income of $8.32
million.
    * Boyd Group Services Inc shares had fallen by 10.4% this
quarter and lost 7.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 48.4%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the personal
services
peer group is also "buy"

Wall Street's median 12-month price target for Boyd Group
Services Inc is C$317.50 
This summary was machine generated from LSEG data May 15 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.71           0.44           Missed
 Dec. 31 2023      1.10           0.93           Missed
 Sep. 30 2023      1.12           1.00           Missed
 Jun. 30 2023      1.02           1.26           Beat