Metro Inc expected to post earnings of 94  cents a share - Earnings Preview

Metro

17/04/2023 13:35

* Metro Inc  MRU.TO   is expected to show a rise in
quarterly
revenue when it reports  results on April 19. 
    * The Montreal Quebec-based  company is expected to report 
a
6.7% increase in revenue to C$4.559 billion from C$4.27 billion
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Metro Inc is for
earnings
of 94 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Metro Inc
is
C$78​, above​ its last closing price of C$75.53. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.98        0.98       1.00      Beat    2.6
 Sep. 30 2022  0.90        0.90       0.92      Beat    2.8
 Jun. 30 2022  1.18        1.19       1.18      Missed  -0.4​
 Mar. 31 2022  0.84        0.84       0.82      Missed  -1.9
 ​​Dec.        0.86        0.87       0.88      Beat    1.7
 31 2021                                                
 Sep. 30 2021  0.80        0.80       0.81      Beat    0.8​
 Jun. 30 2021  1.12        1.13       1.06      Missed  -5.9
 Mar. 31 2021  0.76        0.76       0.78      Beat    2.2
 This summary was machine generated April 17 at 12:35 GMT.  All
figures in Canadian dollars  unless otherwise stated