Mama's Creations Inc reports results for the quarter ended October 31 - Earnings Summary

Mama's Creations

16/12/2024 22:01

* Mama's Creations Inc  MAMA.OQ  reported quarterly adjusted
earnings of 1 cent​​ per share for the quarter ended October 31,
lower than the same quarter last year, when the company reported
EPS of 5 cents.  The mean expectation of four analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from 3 cents to 4 cents per share.
    * Revenue rose 10% to $31.52 million from a year ago;
analysts
expected $30.05 million. 
    * Mama's Creations Inc's reported EPS for the quarter was 1
cent​.
    * The company reported quarterly net income of $410
thousand.
    * Mama's Creations Inc shares had risen by 29.7% this
quarter and
gained 92.9% 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 4 "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 $10.00 
This summary was machine generated from LSEG data December 16 at
10:01 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
 Oct. 31 2024      0.04           0.01           Missed
 Jul. 31 2024      0.03           0.03           Met
 Apr. 30 2024      0.02           0.01           Missed
 Jan. 31 2024      0.03           0.04           Beat