MamaMancini's Holdings Inc reports results for the quarter ended in January - Earnings Summary

Mama's Creations

26/04/2023 22:38

* MamaMancini's Holdings Inc  MMMB.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
January. The mean expectation of two analysts for the quarter
was for earnings of 2 cents per share.
    * Revenue rose 64.7% to $22.82 million from a year ago;
analysts
expected $22.34 million. 
    * MamaMancini's Holdings Inc's reported EPS for the quarter
was 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 50% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MamaMancini's Holdings Inc shares had fallen by 2.1% this
quarter and gained 3.6% so far this year.
    * The company reported quarterly net income of $1.84
million.
    * Wall Street's median 12-month price target for
MamaMancini's
Holdings Inc is $3.38 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 09:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.02           0.04           Beat
 Oct. 31 2022      -0.01          0.03           Beat
 Jul. 31 2022      0.02           -0.02          Missed
 Apr. 30 2022      0.00           0.00           Met