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

Maple Leaf Foods

11/05/2023 14:32

* Maple Leaf Foods Inc  MFI.TO  reported a quarterly
adjusted loss
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue rose 4.3% to C$1.17 billion from a year ago;
analysts
expected C$1.16 billion. 
    * Maple Leaf Foods Inc's reported EPS for the quarter was a
loss
of 48 cents​.
    * The mean earnings estimate of analysts had fallen by
about 146.2% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Maple Leaf Foods Inc shares had fallen by 4.5% this
quarter and
gained 2.2% so far this year.
    * Wall Street's median 12-month price target for Maple Leaf
Foods
Inc is C$32.50 
    * 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 May
11 at 01:32 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.10          -0.12          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