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

Boyd Services

08/08/2024 14:32

* Boyd Group Services Inc  BYD.TO  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of $1.26.  The mean expectation of thirteen analysts for the
quarter was for earnings of 66 cents per share. Wall Street
expected results to range from 45 cents to $1.12 per share.
    * Revenue rose 3.4% to $779.16 million from a year ago;
analysts
expected $788.85 million. 
    * Boyd Group Services Inc's reported EPS for the quarter was
50
cents​.
    * The company reported quarterly net income of $10.83
million.
    * Boyd Group Services Inc shares had fallen by 16.8% this
quarter and lost 23.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 48.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," no
"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$300.00 
This summary was machine generated from LSEG data August 8 at
01:32 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
 Jun. 30 2024      0.66           0.56           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