Maple Leaf Foods Inc expected to post a loss of 10 cents a share - Earnings Preview

Maple Leaf Foods

09/05/2023 14:17

* Maple Leaf Foods Inc  MFI.TO   is expected to show a rise
in
quarterly revenue when it reports  results on May 11. 
    * The Mississauga Ontario-based  company is expected to
report  a
3.0% increase in revenue to C$1.161 billion from C$1.13 billion
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Maple Leaf Foods
Inc is
for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Maple Leaf
Foods
Inc is C$32.5​, above​ its last closing price of C$26.09. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.15        0.14       -0.28     Missed  -296.5
 Sep. 30 2022  0.05        0.07       -0.01     Missed  -115.2
 Jun. 30 2022  0.28        0.26       0.00      Missed  -100​
 Mar. 31 2022  0.11        0.11       0.03      Missed  -71.7
 ​​Dec.        0.33        0.33       0.09      Missed  -72.7
 31 2021                                                
 Sep. 30 2021  0.29        0.29       0.36      Beat    25​
 Jun. 30 2021  0.23        0.23       0.28      Beat    21.7
 Mar. 31 2021  0.26        0.26       0.26      Met     1.6
 This summary was machine generated May 9 at 13:17 GMT.  All
figures in Canadian dollars  unless otherwise stated