Metro Inc reports results for the quarter ended in December - Earnings Summary

Metro

24/01/2023 14:31

* Metro Inc  MRU.TO  reported quarterly adjusted earnings of
C$1.00​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 98 cents per share.
    * Revenue rose 8.2% to C$4.67 billion from a year ago;
analysts
expected C$4.64 billion. 
    * Metro Inc's reported EPS for the quarter was 97 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Metro Inc shares had fallen by 0.8% this quarter.
    * The company reported quarterly net income of C$231.1
million.
    * Wall Street's median 12-month price target for Metro Inc
is
C$79.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
24 at 02:31 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.98           1.00           Beat
 Sep. 30 2022      0.90           0.92           Beat
 Jun. 30 2022      1.19           1.18           Missed
 Mar. 31 2022      0.84           0.82           Missed