Jamieson Wellness Inc reports results for the quarter ended September 30 - Earnings Summary

Jamieson Wellness

08/11/2024 21:46

* Jamieson Wellness Inc  JWEL.TO  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 35 cents.  The mean expectation of
three analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 34 cents to 37
cents per share.
    * Revenue rose 16.3% to $176.16 million from a year ago;
analysts
expected $173.09 million. 
    * Jamieson Wellness Inc's reported EPS for the quarter was
24
cents​.
    * Jamieson Wellness Inc shares had fallen by 4.1% this
quarter and
gained 6.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 7 "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 40.00 
This summary was machine generated from LSEG data November 8 at
09:46 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
 Sep. 30 2024      0.36           0.37           Beat
 Jun. 30 2024      0.32           0.35           Beat
 Mar. 31 2024      0.05           0.09           Beat
 Dec. 31 2023      0.73           0.67           Missed