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

Maple Leaf Foods

09/03/2023 12:50

* Maple Leaf Foods Inc  MFI.TO  reported a quarterly
adjusted loss
of 28 cents​​ per share for the quarter ended in December. The
mean expectation of five analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 5.8% to C$1.19 billion from a year ago;
analysts
expected C$1.21 billion. 
    * Maple Leaf Foods Inc's reported EPS for the quarter was a
loss
of 34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Maple Leaf Foods Inc shares had risen by 14.2% this
quarter.
    * The company reported a quarterly loss of C$41.49 million.
    * Wall Street's median 12-month price target for Maple Leaf
Foods
Inc is C$31.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 12:50 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.14           -0.28          Missed
 Sep. 30 2022      0.07           -0.01          Missed
 Jun. 30 2022      0.26           0.00           Missed
 Mar. 31 2022      0.11           0.03           Missed