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

Metro

10/08/2022 14:32

* Metro Inc  MRU.TO  reported quarterly adjusted earnings of
C$1.18​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of C$1.19 per share.
    * Revenue rose 2.5% to C$5.87 billion from a year ago;
analysts
expected C$5.87 billion. 
    * Metro Inc's reported EPS for the quarter was C$1.14​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Metro Inc shares had risen by 1.7% this quarter and
gained 4.3%
so far this year.
    * The company reported quarterly net income of C$275
million.
    * Wall Street's median 12-month price target for Metro Inc
is
C$74.50 
    * 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." 

This summary was machine generated from Refinitiv data August 10
at 01:31 p.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.19           1.18           Missed
 Mar. 31 2022      0.84           0.82           Missed
 Dec. 31 2021      0.87           0.88           Beat
 Sep. 30 2021      0.80           0.81           Beat