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

Jamieson Wellness

08/08/2024 23:44

* Jamieson Wellness Inc  JWEL.TO  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 32 cents.  The mean expectation of five analysts
for the quarter was for earnings of 32 cents per share. Wall
Street expected results to range from 30 cents to 35 cents per
share.
    * Revenue rose 10.3% to C$184.81 million from a year ago;
analysts
expected C$182.41 million. 
    * Jamieson Wellness Inc's reported EPS for the quarter was
20
cents​.
    * Jamieson Wellness Inc shares had risen by 11.2% this
quarter and
gained 1.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
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 "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"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$36.00 
This summary was machine generated from LSEG data August 8 at
10:44 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
 Jan. 1 0001       0.32           0.35           Beat
 Mar. 31 2024      0.05           0.09           Beat
 Dec. 31 2023      0.73           0.67           Missed
 Sep. 30 2023      0.31           0.35           Beat