Ennis Inc reports results for the quarter ended in May - Earnings Summary

Ennis

17/06/2024 14:32

* Ennis Inc  EBF.N  reported quarterly adjusted earnings of
41
cents​​ per share for the quarter ended in May, lower than the
same quarter last year, when the company reported EPS of 48
cents.  The lone analyst forecast for the quarter was
for earnings of 36 cents per share. 
    * Revenue fell 7.4% to $103.11 million from a year ago;
analysts
expected $100.85 million. 
    * Ennis Inc's reported EPS for the quarter was 41 cents​.
    * The company reported quarterly net income of $10.69
million.
    * Ennis Inc shares had risen by 1.9% this quarter and
lost 4.7% so
far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
printing
services peer group is also "strong buy"

Wall Street's median 12-month price target for Ennis Inc is
$26.00 
This summary was machine generated from LSEG data June 17 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
 May. 31 2024      0.36           0.41           Beat
 Feb. 29 2024      0.39           0.39           Met
 Nov. 30 2023      0.40           0.38           Missed
 Aug. 31 2023      0.40           0.42           Beat