Maple Leaf Foods Inc expected to post earnings of 2  cents a share - Earnings Preview

Maple Leaf Foods

01/08/2023 19:31

* Maple Leaf Foods Inc  MFI.TO   is expected to show a rise
in
quarterly revenue when it reports  results on August 3. 
    * The Mississauga Ontario-based  company is expected to
report  a
4.9% increase in revenue to C$1.254 billion from C$1.2 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Maple Leaf Foods
Inc is
for earnings of 2 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$33.25​, above​ its last closing price of C$27.52. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.10       -0.10      -0.12     Missed  -15.4
 Dec. 31 2023  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.        0.11        0.11       0.03      Missed  -71.7
 31 2022                                                
 Dec. 31 2021  0.33        0.33       0.09      Missed  -72.7​
 Sep. 30 2021  0.29        0.29       0.36      Beat    25
 Jun. 30 2021  0.23        0.23       0.28      Beat    21.7
 This summary was machine generated August 1 at 18:31 GMT.  All
figures in Canadian dollars  unless otherwise stated