Metro Inc expected to post earnings of C$1.29 a share - Earnings Preview

Metro

07/08/2023 19:33

* Metro Inc  MRU.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 9. 
    * The Montreal Quebec-based  company is expected to report 
a
5.4% increase in revenue to C$6.183 billion from C$5.87 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$1.29 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Metro Inc
is
C$79​, above​ its last closing price of C$69.90. ​​​

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 2023  0.94        0.94       0.96      Beat    2.1
 Dec. 31 2023  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.        0.84        0.84       0.82      Missed  -1.9
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated August 7 at 18:33 GMT.  All
figures in Canadian dollars  unless otherwise stated