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

Jamieson Wellness

02/11/2023 21:57

* Jamieson Wellness Inc  JWEL.TO  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 34 cents.  The mean expectation of
six analysts for the quarter was for earnings of 31 cents per
share. Wall Street expected results to range from 29 cents to 32
cents per share.
    * Revenue rose 9.1% to C$151.51 million from a year ago;
analysts
expected C$147.52 million. 
    * Jamieson Wellness Inc's reported EPS for the quarter was
18
cents​.
    * Jamieson Wellness Inc shares had fallen by 5.4% this
quarter and
lost 34.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.5%
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," 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$42.00 
This summary was machine generated from LSEG data November 2 at
09:57 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.63           0.62           Missed