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MFI Maple Leaf Foods News Story

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Maple Leaf Foods Inc reports results for the quarter ended December 31 - Earnings Summary

Maple Leaf Foods Inc MFI.TO reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 8 cents.  The mean expectation of four analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 22 cents to 26 cents per share.

Revenue rose 3.7% to C$1.24 billion from a year ago; analysts expected C$1.22 billion.

Maple Leaf Foods Inc shares had risen by 9.2% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 Maple Leaf Foods Inc is C$30.00

This summary was machine generated from LSEG data February 25 at 02:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.240.38Beat
Sep. 30 20240.230.18Missed
Jun. 30 20240.190.18Missed
Mar. 31 20240.130.04Missed

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