Metro Inc expected to post earnings of C$1.19 a share - Earnings Preview

Metro

08/08/2022 19:13

* Metro Inc  MRU.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 10. 
    * The Montreal Quebec-based  company is expected to report 
a
2.7% increase in revenue to C$5.874 billion from C$5.72 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 C$1.19 per share. For the same quarter last year, the company
reported earnings of C$1.06 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 8
"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$74.5​, above​ its last closing price of C$70.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Canadian dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.84        0.84       0.82      Missed  -1.9
 Dec. 31 2022  0.86        0.87       0.88      Beat    1.7
 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.        0.76        0.76       0.78      Beat    2.2
 31 2021                                                
 Dec. 31 2020  0.83        0.83       0.79      Missed  -4.8​
 Sep. 30 2020  0.79        0.79       0.77      Missed  -2.2
 Jun. 30 2020  1.05        1.07       1.08      Beat    0.9
 This summary was machine generated August 8 at 18:13 GMT.  All
figures in Canadian dollars  unless otherwise stated