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

Metro

19/04/2023 14:32

* Metro Inc  MRU.TO  reported quarterly adjusted earnings of
96
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 94 cents per share.
    * Revenue rose 6.6% to C$4.55 billion from a year ago;
analysts
expected C$4.56 billion. 
    * Metro Inc's reported EPS for the quarter was 93 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Metro Inc shares had risen by 0.6% this quarter and
lost 0.2% so
far this year.
    * The company reported quarterly net income of C$218.8
million.
    * Wall Street's median 12-month price target for Metro Inc
is
C$78.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 19 at 01:31 p.m. UTC. ​All figures in Canadian dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.94           0.96           Beat
 Dec. 31 2022      0.98           1.00           Beat
 Sep. 30 2022      0.90           0.92           Beat
 Jun. 30 2022      1.19           1.18           Missed