Mama's Creations Inc reports results for the quarter ended in January - Earnings Summary

Mama's Creations

24/04/2024 22:02

* Mama's Creations Inc  MAMA.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended in
January, identical to the same quarter last year.  The mean
expectation of four analysts for the quarter was for earnings of
3 cents per share. Wall Street expected results to range from 2
cents to 4 cents per share.
    * Revenue rose 17% to $26.70 million from a year ago;
analysts
expected $24.98 million. 
    * Mama's Creations Inc's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $1.41
million.
    * Mama's Creations Inc shares had risen by 3.0% this
quarter and
gained 4.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.3%
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 5 "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 Mama's Creations
Inc is $8.00 
This summary was machine generated from LSEG data April 24 at
09:01 p.m. UTC. ​All figures in US 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. 31 2024      0.03           0.04           Beat
 Oct. 31 2023      0.04           0.05           Beat
 Jul. 31 2023      0.03           0.05           Beat
 Apr. 30 2023      0.02           0.04           Beat