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

Ennis

18/12/2023 14:32

* Ennis Inc  EBF.N  reported quarterly adjusted earnings of
38
cents​​ per share for the quarter ended in November, lower than
the same quarter last year, when the company reported EPS of 44
cents.  The lone analyst forecast for the quarter was
for earnings of 40 cents per share. 
    * Revenue fell 5.1% to $104.62 million from a year ago;
analysts
expected $103.40 million. 
    * Ennis Inc's reported EPS for the quarter was 38 cents​.
    * The company reported quarterly net income of $9.91
million.
    * Ennis Inc shares had risen by 7.2% this quarter and
gained 2.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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
$27.00 
This summary was machine generated from LSEG data December 18 at
02:32 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
 Nov. 30 2023      0.40           0.38           Missed
 Aug. 31 2023      0.40           0.42           Beat
 May. 31 2023      0.36           0.48           Beat