Maple Leaf Foods Inc reports results for the quarter ended June 30 - Earnings Summary
Maple Leaf Foods Inc reports results for the quarter ended June 30 - Earnings Summary
Maple Leaf Foods Inc MFI.TO reported quarterly adjusted earnings of 44 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of nine analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 40 cents to 45 cents per share.
Revenue fell 25.1% to C$1.02 billion from a year ago; analysts expected C$1.04 billion.
Maple Leaf Foods Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of C$40.79 million.
Maple Leaf Foods Inc shares had fallen by 8.4% this quarter and gained 12.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.4% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "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$36.00, about 22.3% above its last closing price of C$27.96
This summary was machine generated from LSEG data August 12 at 11:00 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.42 | 0.44 | Beat |
Mar. 31 2026 | 0.30 | 0.34 | Beat |
Dec. 31 2025 | 0.26 | 0.32 | Beat |
Sep. 30 2025 | 0.35 | 0.49 | Beat |
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Brief: Maple Leaf Foods Will Consolidate U.S. Plant Protein Production Into Single Plant Protein Centre Of Excellence At Indianapolis, Indiana Facility
Maple Leaf Foods Inc reports results for the quarter ended June 30 - Earnings Summary