Jamieson Wellness Inc reports results for the quarter ended in December - Earnings Summary

Jamieson Wellness

13/03/2024 21:53

* Jamieson Wellness Inc  JWEL.TO  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 62 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 73 cents per
share. Wall Street expected results to range from 71 cents to 76
cents per share.
    * Revenue rose 14.3% to C$220.37 million from a year ago;
analysts
expected C$228.53 million. 
    * Jamieson Wellness Inc's reported EPS for the quarter was
56
cents​.
    * Jamieson Wellness Inc shares had fallen by 7.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the food
processing
peer group is also "buy"

Wall Street's median 12-month price target for Jamieson Wellness
Inc is C$40.00 
This summary was machine generated from LSEG data March 13 at
09:52 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.73           0.67           Missed
 Sep. 30 2023      0.31           0.35           Beat
 Jun. 30 2023      0.33           0.32           Missed
 Mar. 31 2023      0.20           0.21           Beat