Maple Leaf Foods Inc expected to post earnings of 12 cents a share - Earnings Preview

Maple Leaf Foods

30/04/2024 11:23

* Maple Leaf Foods Inc  MFI.TO   is expected to show a rise
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Mississauga Ontario-based  company is expected to
report a
2.2% increase in revenue to $1.201 billion from $1.17 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Maple Leaf Foods Inc is
for
earnings of 12 cents per share. 
    * 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 mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Maple Leaf
Foods
Inc is C$30.00​, above​ its last closing price of C$24.50. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.18       0.08      Missed  -55.1
 Sep. 30 2023  0.21        0.21       0.13      Missed  -38.1
 Jan. 1 0001   0.02        0.02       0.00      Missed  -100​
 Mar. 31 2023  -0.10       -0.10      -0.12     Missed  -15.4
 ​​Dec.        0.15        0.14       -0.28     Missed  -296.5
 31 2022                                                
 Jan. 1 0001   0.05        0.07       -0.01     Missed  -115.2
                                                        ​
 Jan. 1 0001   0.28        0.26       0.00      Missed  -100
 Mar. 31 2022  0.11        0.11       0.03      Missed  -71.7
 This summary was machine generated April 30 at 10:23 GMT.  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)