Metro Inc expected to post earnings of 99 cents a share - Earnings Preview

Metro

18/11/2024 13:32

* Metro Inc  MRU.TO   is expected to show a fall in
quarterly
revenue when it reports  results on November 20 for the period
ending September 30 2024
    * The Montreal Quebec-based  company is expected to report a
4.1% decrease in revenue to C$4.863 billion from C$5.07 billion
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Metro Inc is for
earnings of
99 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"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 Metro Inc
is
C$88.00​, above​ its last closing price of C$86.48. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.34        1.34       1.35      Beat    0.8
 Mar. 31 2024  0.89        0.89       0.91      Beat    2.1
 Dec. 31 2023  0.99        0.99       1.02      Beat    2.9​
 Sep. 30 2023  1.07        1.07       0.99      Missed  -7.8
 ​​Jun.        1.28        1.29       1.35      Beat    5
 30 2023                                                
 Mar. 31 2023  0.94        0.94       0.96      Beat    2.1​
 Dec. 31 2022  0.98        0.98       1.00      Beat    2.6
 Sep. 30 2022  0.90        0.90       0.92      Beat    2.8
 This summary was machine generated November 18 at 13:32 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)