Jamieson Wellness Inc expected to post earnings of 5 cents a share - Earnings Preview

Jamieson Wellness

08/05/2024 01:46

* Jamieson Wellness Inc  JWEL.TO   is expected to show a
fall in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
9.6% decrease in revenue to C$123.615 million from C$136.73
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on March 13
2024, for the period ended March 31, was for revenue between
C$118.00 million and C$128.00 million.
    * ​LSEG's mean analyst estimate for Jamieson Wellness Inc is
for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Jamieson
Wellness
Inc is C$35.50​, above​ its last closing price of C$25.52. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.74        0.73       0.67      Missed  -8.8
 Sep. 30 2023  0.31        0.31       0.35      Beat    14.4
 Jun. 30 2023  0.33        0.33       0.32      Missed  -3.9​
 Mar. 31 2023  0.18        0.20       0.21      Beat    2.9
 ​​Dec.        0.62        0.63       0.62      Missed  -0.9
 31 2022                                                
 Sep. 30 2022  0.35        0.37       0.34      Missed  -7.7​
 Jun. 30 2022  0.29        0.30       0.32      Beat    6.7
 Jan. 1 0001   0.22        0.22       0.26      Beat    19.5
 This summary was machine generated May 8 at 00:46 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)