Jamieson Wellness Inc expected to post earnings of 32 cents a share - Earnings Preview

Jamieson Wellness

07/08/2024 03:57

* Jamieson Wellness Inc  JWEL.TO   is expected to show a
rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
8.9% increase in revenue to C$182.409 million from C$167.58
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
C$178.00 million and C$188.00 million.
    * ​LSEG's mean analyst estimate for Jamieson Wellness Inc is
for
earnings of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Jamieson
Wellness
Inc is C$36.00​, above​ its last closing price of C$31.63. ​​​

The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between CAD178 million and CAD33 million.
Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.05        0.05       0.09      Beat    87.5
 Dec. 31 2024  0.74        0.73       0.67      Missed  -8.8
 Jan. 1 0001   0.31        0.31       0.35      Beat    14.4​
 Jun. 30 2023  0.33        0.33       0.32      Missed  -3.9
 ​​Jan.        0.18        0.20       0.21      Beat    2.9
 1 0001                                                 
 Dec. 31 2022  0.62        0.63       0.62      Missed  -0.9​
 Sep. 30 2022  0.35        0.37       0.34      Missed  -7.7
 Jun. 30 2022  0.29        0.30       0.32      Beat    6.7
 This summary was machine generated August 7 at 02:57 GMT.  All
figures in Canadian 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)