MDA Space Ltd expected to post earnings of 10 cents a share - Earnings Preview

MDA Space

06/08/2024 19:18

* MDA Space Ltd  MDA.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 8 for the period
ending June 30 2024
    * The Toronto Ontario-based  company is expected to report a
12.5% increase in revenue to C$220.532 million from C$196
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for MDA Space Ltd is for
earnings
of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 MDA Space
Ltd is
C$16.00​, above​ its last closing price of C$12.18. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.13        0.10       0.11      Beat    8.2
 Dec. 31 2024  0.07        0.06       0.13      Beat    101.2
 Sep. 30 2023  0.06        0.06       0.08      Beat    40.4​
 Jun. 30 2023  0.06        0.07       0.08      Beat    20.3
 ​​Mar.        0.08        0.08       0.13      Beat    72.4
 31 2023                                                
 Dec. 31 2022  0.07        0.04       0.07      Beat    75​
 Sep. 30 2022  0.02        0.02       0.15      Beat    650
 Jun. 30 2022  -0.01       0.01       -0.07     Missed  -625.1
 This summary was machine generated August 6 at 18:18 GMT.  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)